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    Financial Accounting Information for Decisions Study Set 2
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    Exam 13: Analyzing and Interpreting Financial Statements
  5. Question
    Yeats Corporation's Sales in Year 1 Were $396,000 and in Year
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Yeats Corporation's Sales in Year 1 Were $396,000 and in Year

Question 102

Question 102

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) 104%.
B) (6%) .
C) (4%) .
D) 6%.
E) 4%.

Correct Answer:

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