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Assume the following sales data for a company: 2023 2022 2021 $966000 877000 701600 If 2021 is the base year, what is the percentage increase
Assume the following sales data for a company: 2023 2022 2021 $966000 877000 701600 If 2021 is the base year, what is the percentage increase in sales from 2021 to 2022? 25% 38% 138% 125% Insight Box Concept Check 5 A company wants to improve its current ratio at the end of its reporting period. It should payoff a liability using cash on hand. It should borrow money from its line of credit and show it as cash under current assets. It should aggressively collect cash from its credit customers. It should sell finished goods inventory on credit
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