
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:Assume the following sales data for a company:
Current year
$1,025,000
Preceding year
820,000
What is the percentage increase in sales from the preceding year to the current year?
Oa. 125%
Ob. 25%
Oc. 75%
Od. 100%
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