Question: I need help solving this general accounting question with the proper methodology. A company's sales in Year 1 were $400,000 and in Year 2 were

I need help solving this general accounting question with the proper methodology.

A company's sales in Year 1 were $400,000 and in Year 2 were $440,000. Using Year 1 as the base year, the percent change for Year 2 compared to the base year is: a) 110% b) 100% c) 10% d) 15% e) 5%

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