In the past three years, Tire City has grown at an annual compound rate of 20%

which was attributed to its excellent reputation for service and competitive pricing.
Due to its growth, Tire City is currently at maximum capacity in its warehouse and
is considering expanding its current warehouse facility to accommodate service
levels. Jack Martin and Abeer Mandil are in the process of presenting the financial
position of the company to their bank in order to request a five-year loan for the
expansion.