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For the period from 2023 to 2024, a company reports the following: Percentage change in sales 40% increase Percentage change in cost of goods

For the period from 2023 to 2024, a company reports the following: Percentage change in sales 40% increase Percentage change in cost of goods sold 10% increase Percentage change in gross profit 20% increase If sales are $2,000,000 in 2023, what are sales in 2024? OA. $2,000,000 O B. $2,400,000 OC. $2,800,000 OD. $800,000

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