General Accounting Review the following sales data for TechNova Corporation:2014$1,400,0002013$1,120,0002012$840,0002011$700,000If 2011 is the base year, what is the percentage increase in sales from2011 to 2013?

Step 1: Define Percentage Increase in SalesThe percentage increase measures the growth in sales over…

Answered: Review the following sales data for…

Entrepreneurial Finance

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Chapter5: Evaluating Operating And Financial Performance

Section: Chapter Questions

Problem 7EP

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Review the following sales data for TechNova Corporation: 2014$1,400,0002013$1,120,0002012$840,0002011$700,000 If 2011 is the base year, what is the percentage increase in sales from 2011 to 2013?