Assume the following sales data for a company: Current year $325,000 Preceding year 250,000 What is...
Assume the following sales data for a company: Current year $325,000 Preceding year 250,000 What is the percentage increase in sales from the preceding year to the current year? 70% 30% 50% 76.9%
Homework Answers
Percentage increase in sales from the preceding year to the current year = (Current year Sale - Preceding year Sale)/Preceding year Sale
Percentage increase in sales from the preceding year to the current year = (325000-250000)/250000
Percentage increase in sales from the preceding year to the current year = 30%
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Assume the following sales data for a company: Current year $325,000 Preceding year 250,000 What is...
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