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Use the growth rates for 2005-2006 2006-2007 2007-2008 and


Question: The following table shows sales for Nike (in millions of $) for the years 2005 through 2009

1457_Year 1.png

a. Use the growth rates for 2005-2006, 2006-2007, 2007-2008, and 2008-2009 to calculate the average growth rate.

b. Calculate the average growth rate directly from sales.

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Management Theories: Use the growth rates for 2005-2006 2006-2007 2007-2008 and
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