You are reviewing the online sales for three recent start-ups.Based on the annual sales figures, which company is targeting the smallest percentage increase in sales for the year ahead?Please PICK ONE answer from those listed below:O Companies 1 and 3 are equally ambitiousO Companies 2 and 3 are equally ambitiousCompany ICompany 2O Company 3 Online Sales162,500150,000137,500125,000112,500100,00087,50075,00062,50050,00037,50025,00012,5000105,042Company 1125,00067,25055,57811Company 2Last YearTarget for this Year162,500137,71211Company 3

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which company is targeting the smallest percentage increase in sales for the year ahead?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

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You are reviewing the online sales for three recent start-ups.
Based on the annual sales figures, which company is targeting the smallest percentage increase in sales for the year ahead?
Please PICK ONE answer from those listed below:
O Companies 1 and 3 are equally ambitious
O Companies 2 and 3 are equally ambitious
Company I
Company 2
O Company 3

Online Sales
162,500
150,000
137,500
125,000
112,500
100,000
87,500
75,000
62,500
50,000
37,500
25,000
12,500
0
105,042
Company 1
125,000
67,250
55,578
11
Company 2
Last Year
Target for this Year
162,500
137,712
11
Company 3

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