Question

In its 2017 annual report, Liberty Company reported sales of $1,200 million. If you anticipate that...

In its 2017 annual report, Liberty Company reported sales of $1,200 million. If you anticipate that sales will grow by 4% each year for the foreseeable future, what will 2021 forecasted sales be?

A. $1,403.8 million

B. $1,248.0 million

C. $1,349.8 million

D. $1,179.7 million

E. None of the above

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