Assume the following sales data for a company: Current year$832,402 Preceding year608,082 What is the percentage increase in sales from the preceding year to the current year? a.136.89% b.36.89% c.73.05% d.26.95% The relationship of $242,729 to $104,267, expressed as a ratio, is a.0.8 b.2.3 c.0.4 d.0.7

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 11E
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Assume the following sales data for a company:
Current year$832,402 Preceding year608,082
What is the percentage increase in sales from the preceding year to the current year?

a.136.89%

b.36.89%

c.73.05%

d.26.95%

The relationship of $242,729 to $104,267, expressed as a ratio, is

a.0.8

b.2.3

c.0.4

d.0.7

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