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    Financial Accounting Information for Decisions Study Set 3
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    Exam 13: Analyzing and Interpreting Financial Statements
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    A Company's Sales in Year 1 Were $250,000 and in Year
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A Company's Sales in Year 1 Were $250,000 and in Year

Question 49

Question 49

Multiple Choice

A company's sales in Year 1 were $250,000 and in Year 2 were $287,500.Using Year 1 as the base year,the percent change for Year 2 compared to the base year is:


A) 87%.
B) 100%.
C) 115%.
D) 15%.
E) 13%.

Correct Answer:

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