(Solved):Ash Company reported sales of $440,000 for Year 1, $490,000 for Year 2, and $540,000 for Year 3….

 

Question

Ash Company reported sales of $440,000 for Year 1, $490,000 for Year 2, and $540,000 for Year 3. Using Year 1 as the base year, what were the percentage increases for Year 2 and Year 3 compared to the base year?

a. 81.5% for Year 2 and 90.7% for Year 3.

b. 90.0% for Year 2 and 81.5% for Year 3.

c. 90.0% for Year 2 and 90.7% for Year 3.

d. 111.4% for

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