Adams Corporation reported net sales of $300,000, LO15 $330,000, and $360,000 in the years 2015, 2016, and

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Adams Corporation reported net sales of $300,000, LO15

$330,000, and $360,000 in the years 2015, 2016, and 2017, respectively. If 2015 is the base year, what percentage do 2017 sales represent of the base?

(a) 77%.

(c) 120%.

(b) 108%.

(d) 130%.

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Financial Accounting

ISBN: 9781118953907

8th Edition

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

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