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Yeats Corporation's Sales in Year 1 Were $396,000 and in Year

Question 160

Multiple Choice

Yeats Corporation's sales in Year 1 were $396,000 and in Year 2 were $380,000. Using Year 1 as the base year, the percent change for Year 2 compared to the base year is:


A) 4.2%
B) -104%
C) -4%
D) 96%
E) 100%

Correct Answer:

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