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A company's sales in year 1 were 350.000 and in year 2 were $387.500 Using year 1 as the base year, the percent change for year 2 compared the base year is Multiple choice 90% 12%

Sagot :

The percent change for year 2 compared the base year is 12% Sales are the proceeds a organisation generates from promoting items or services to its customers:

In accounting terms, income incorporate one thing of a company's income figure.

On an profits statement, income are generally referred to as gross sales.

How do you discover a company's sales?

Contact the organisation and ask for a replica of its monetary statement or seem on the company's website to view the statement. Publicly held businesses need to make their monetary statements available to investors upon request.

Is income equal to revenue?

“Revenue” refers to the total profits a enterprise earns over a unique time period. Revenue consists of complete sales, however it also may also include income generated via non-sales activities such as investments, sale of assets, and allowances

Learn more about company's sales here:

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