Question
Assume the following sales data for a company: Line Item Description Amount Current year $728,922 Preceding year 631,776 What is the percentage increase in sales
Assume the following sales data for a company:
| Line Item Description | Amount |
|---|---|
| Current year | $728,922 |
| Preceding year | 631,776 |
What is the percentage increase in sales from the preceding year to the current year?
a.115.38%
b.15.38%
c.86.67%
d.13.33%
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Accounting
Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
9th Canadian Edition volume 2
013269008X, 978-0133122855, 133122859, 978-0132690089
