SOLUTION: Mega Corporation had net sales of $225,000 for 2000 and $275,000 for 2001. What was the percent increase in net sales from 2000 and 2001? Round your answer to the nearest tenth of
Algebra.Com
Question 55777: Mega Corporation had net sales of $225,000 for 2000 and $275,000 for 2001. What was the percent increase in net sales from 2000 and 2001? Round your answer to the nearest tenth of a percent.
a. 22.2%
b. 22.4%
c. 22.6%
d. None of the above
Answer by checkley71(8403) (Show Source): You can put this solution on YOUR website!
(275000-225000)/225000=50000/225000=.222 OR a)22.2%
RELATED QUESTIONS
The magnitude of operating leverage for Franklin Corporation is 2.8 when sales are... (answered by Boreal)
H. LTD consolidated financial statement on 31 December 2020 was as follows;
Credit sales (answered by ikleyn)
Compute for budgeted income statement of XYZ Corporation. Below are the data of XYZ... (answered by ikleyn)
The net income for Abracadabra Magic Store last year was $178 000. If the contribution... (answered by solver91311)
(20%). Learning outcome 1, 2 and 3 James Corporation gathered the following information: (answered by ikleyn)
The Tipps spent $142,000 on merchandise for their shoe store. They estimated their... (answered by Boreal)
The following account balances/totals are from the accounting records of Super Dealers:... (answered by ikleyn)
A salesman receives a basic monthly salary of ₦23,200. He also gets ½% commission on... (answered by Theo)
The team sales goal is $15,000 sales/week. Sales are currently at $9,000 for the week.... (answered by CubeyThePenguin)