Growth rates is an important financial measures in financial statements analysis. What is the growth rate for sales per share for the years fromto?
Knowing that you have the following data:
- Sales is four thousands and two hundred million USD(year number one) Year two thousand and ten
- Sales is six thousands and two hundred million USD(year number six) Year two thousand and fifteen
- Average shares is One hundred and twenty nine million share(year number one) for Year two thousand and ten
- Average shares is One hundred and twenty seven million share(year number six) for Year two thousand and fifteen
Calculate the growth rate of sales per share?
( Question difficulty is Moderate)
