Question

97. The selected sales data for Union Pacific Corporation reveals the following: June 30, 2011 June 30, 2010 June 30, 2009 June 30, 2008 $750,000 $500,000 $610,000 $575,000 What is the percentage of increase in sales from June 30h, 2010 to 2011? June 30h a. b. C. d. 25% 66.7% 50% 150% 75%

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Answer #1

% increase in sales=(June 30,2011 value-June 30,2010 value)/June 30,2010 value

=(750000-500,000)/500,000

which is equal to

=50%

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