Answered: Assume the following sales data for a…

Assume the following sales data for a company: 2023 $966000 2022 871000 2021 696800 If 2021 is the base year, what is the percentage increase in sales from 2021 to 2022? A. 25% B. 139% C. 125% D. 39%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

100%

Assume the following sales data for a company:
2023
$966000
2022
871000
2021
696800
If 2021 is the base year, what is the percentage increase in sales from 2021 to 2022?
А. 25%
В. 139%
С. 125%
D. 39%

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