Sales (in millions) for a three-year period are: Year 1 $4.0, Year 2 $4.6, and Year 3 $5.0. Using Year 1 as the base year, sales in Years 2 and 3 expressed as a percentage of the base year sales are, respectively:
A) 115% and 125%.
B) 115% and 109%.
C) 15% and 25%.
D) 87% and 80%.
Correct Answer:
Verified
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