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Analysis of a company's financial statements: Below are simplified versions of the balance sheet and income statement for Toys by Tom, Inc. Use this...

Analysis of a company's financial statements: Below are simplified versions of the balance sheet and income statement for Toys by Tom, Inc. Use this information to answer the following question.

If sales in 2003 were $10,000, what is the compounded average growth rate?

8.6%

6.7%

6.3%

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