for next year. The Atlantic Coast branch, with current sales of $193.8 million, is expected to achieve sales growth of 7.25%; the Midwest branch, with current sales of $79.3 million, is expected to have a increase of 8.20%, and that the Pacific Coast branch, with current sales of $57.5 million, increase its sales 7.15%. What is the predicted average growth rate in sales for the next year?

for next year. The Atlantic Coast branch, with current sales of $193.8 million, is expected to achieve sales growth of 7.25%; the Midwest branch, with current sales of $79.3 million, is expected to have a increase of 8.20%, and that the Pacific Coast branch, with current sales of $57.5 million, increase its sales 7.15%. What is the predicted average growth rate in sales for the next year?

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

The Bennett Distribution Company, a subsidiary of a major home appliance manufacturer, wants to forecast sales
for next year. The Atlantic Coast branch, with current sales of $193.8 million, is expected to achieve
sales growth of 7.25%; the Midwest branch, with current sales of $79.3 million, is expected to have a
increase of 8.20%, and that the Pacific Coast branch, with current sales of $57.5 million, increase its sales 7.15%.
What is the predicted average growth rate in sales for the next year?
Select one:
Or a. The predicted average rate in sales for the next year is 7.46%
Or b. The predicted average rate in sales for the next year cannot be calculated due to lack of information
O c. The predicted average rate in sales for the next year is 22.6%
Or d. The predicted average rate in sales for the next year is 7.53%
6

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