FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Adams Corporation reported net sales of $300,000, $330,000,
and $360,000 in the years 2010, 2011, and 2012, respectively. If
2010 is the base year, what percentage do 2012 sales represent
of the base?
(a) 77%
(b) 108%
(c) 120%
(d) 130%
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Transcribed Image Text:Adams Corporation reported net sales of $300,000, $330,000, and $360,000 in the years 2010, 2011, and 2012, respectively. If 2010 is the base year, what percentage do 2012 sales represent of the base? (a) 77% (b) 108% (c) 120% (d) 130%
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