Adams Corporation reported net sales of $300,000, $330,000, and $360,000 in the years 2017, 2018, and 2019,
Question:
Adams Corporation reported net sales of $300,000,
$330,000, and $360,000 in the years 2017, 2018, and 2019, respectively. If 2017 is the base year, what percentage do 2019 sales represent of the base?
(a) 77%.
(b) 108%.
(c) 120%.
(d) 130%.
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Related Book For
Financial Accounting
ISBN: 9781119298229,9781119305842
10th Edition
Authors: Jerry J. Weygandt , Donald E. Kieso , Paul D. Kimmel
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