Your company currently has sales of $200,000, but you expect to have $500,000 in sales in 5 years. what rate do you expect sales to grow by each year?

The sales will grow at the rate of 20.11% each year.

Explanation:

This problem requires us to calculate the growth rate of sales. The growth can easily be calculated using following formula.

Growth = (Future Value/Current value)^ (1/n)-1

Growth = (500,000/200,000) ^ (1/5) -1

Growth = 20.11 %

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

what are the sentences? so we can answer the question.