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For the period from 2023 to 2024, a company reports the following: Percentage change in sales 30% increase Percentage change in cost of goods sold
For the period from 2023 to 2024, a company reports the following:
Percentage change in sales | 30% increase |
Percentage change in cost of goods sold | 10% increase |
Percentage change in gross profit | 20% increase |
If sales are $8,000,000 in 2023, what are sales in 2024?
Question content area bottom
A.$ 10 comma 400 comma 000
$10,400,000
B.$ 2 comma 400 comma 000
$2,400,000
C.$ 8 comma 000 comma 000
$8,000,000
D.$ 9 comma 600 comma 000
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