Assume the following sales data for a company:

Assume the following sales data for a company:

Answer

b. 30% Explanation: The computation of the percentage increased in sales from the previous year to the current year is shown below: = (Current year Sale – Preceding year Sale) ÷ (Preceding year Sale
) = ($325,000 – $250,000) ÷ ($250,000) = ($75,000) ÷ ($250,000) = 30% Hence, the correct option is b. 30% We simply applied the above formula to determine the percentage increased in sales

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