Washburn Company Reported Sales of $1,722,000 for Year 1 and $1,831,000

question 60

Multiple Choice

Washburn Company reported sales of $1,722,000 for Year 1 and $1,831,000 for Year 2. Using Year 1 as the base year, what was the percentage change for sales from Year 1 to Year 2?

• A)6.33% decrease.
• B)5.95% decrease.
• C)6.33% increase.
• D)5.95% increase.
• E)6.17% increasE.(1,831,000 - 1,722,000)/1,722,000 = 6.33% increase

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