Neon Lights Company is a private company with sales of $1.3 million a year. Management wants to go public but has to wait until the sales reach $2 million. If the sales are expected to grow 12 percent...

Neon Lights Company is a private company with sales of $1.3 million a year. Management wants to go public but has to wait until the sales reach $2 million. If the sales are expected to grow 12 percent annually, when is the earliest that Neon Lights can go public?

Sep 23, 2022