Question
Year 1 year 2 Sales Revenue 98,000 115,000 Cost of sales 65,000 76,000 gross profit 33,000 39,000 Using the info above, calculate the percentage increase
|
| Year 1 | year 2 |
| Sales Revenue | 98,000 | 115,000 |
| Cost of sales | 65,000 | 76,000 |
| gross profit | 33,000 | 39,000 |
Using the info above, calculate the percentage increase or decrease in sales revenue from year 1 to year 2
- None of the above
- Increase of 30.77%
- Decrease of 14. 29%
- Increase of 220.00%
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Forensic And Investigative Accounting
Authors: D. Larry Crumbley, Lester E. Heitger, Stevenson Smith
5th Edition
0808026879, 9780808026877
