Adams Corporation reported net sales of $300,000, $330,000, and $360,000 in the years 2010, 2011, and 2012,

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Adams Corporation reported net sales of $300,000,

$330,000, and $360,000 in the years 2010, 2011, and 2012, respectively. If 2010 is the base year, what percentage do 2012 sales represent of the base?

(a) 77%.

(c) 120%.

(b) 108%.

(d) 130%.

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Accounting Tools For Business Decision Making

ISBN: 9780470534786

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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