1996 $4… Show more The sales data for the Lonestar Sports

1996 $4… Show more The sales data for the Lonestar Sports Apparel Company for the last 12 years are as follows: 1996 $400000 2002 $617000 1997 440000 2003 654000 1998 480000 2004 7000000 1999 518000 2005 756000 2000 554000 2006 824000 2001 587000 2007 906000 a. What is the 1996-2007 comound growth rate? b) Using the result obtained in part a, what is your 2008 projection? c.) If you were to make your own projection, what would you forecast? Please Show all work • Show less

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