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Assume the following sales data for a company: Current year $794,275 Preceding year 642,871 What is the percentage increase in sales from the preceding year

Assume the following sales data for a company:

Current year $794,275
Preceding year 642,871

What is the percentage increase in sales from the preceding year to the current year?

4.5%

23.6%

42.6%

19.1%

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