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Assume the following sales data for a company: Current year Preceding year $704,951 $573,463 What is the percentage increase in sales from the preceding

Assume the following sales data for a company: Current year Preceding year $704,951 $573,463 What is the percentage increase in sales from the preceding year to the current year? Select the correct answer. 18.65% 122.93% 81.35% 22.93%

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