Assume the following sales data for a company: 2015 $910,000 2014 $770,000 2013 700,000 If 2013 is the base year, what is the pe

Question

Liula [17]

4 years ago

10

Assume the following sales data for a company: 2015 $910,000 2014 $770,000 2013 700,000 If 2013 is the base year, what is the pe

rcentage increase in sales from 2013 to 2014? Question 7 options: 130% 110% 30% 10%

Business

2 answers:

GenaCL600 [577] · Answer 1 · 2021-12-21T11:56:02+03:00

GenaCL600 [577]4 years ago

6 0

Answer:

10%

Explanation:

Sindrei [870] · Answer 2 · 2021-12-21T09:51:45+03:00

Answer:

The percentaje increase in sales is 10%

Explanation:

To calculate the percentage increase in sales from 2013 to 2014 yo need to calculate the differential in sales from year to year using 2013 as a base.

You need to use the following formula:

Sales differential: [(year1-year0)/year0]*100

In this exercise:

Sales differential= [(770-700)/700]*100=10%

2014 sales increased by 10% compared to 2013 sales.