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Question
Ash Company reported sales of $400,000 for Year 1, $450,000 for Year 2, and $500,000 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.80% for Year 2 and 90% for Year 3.
B.88% for Year 2 and 80% for Year 3.
C.88% for Year 2 and 90% for Year 3.
D.112.5% for Year 2 and 125% for Year 3.
E.125% for Year 2 and 112.5% for Year 3.
Answer
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