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Car Company's sales in Year 1 were $390,000 and in Year 2 were $427,500. Using...

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Accounting

Car Company's sales in Year 1 were $390,000 and in Year 2 were $427,500. Using Year 1 as the base year, the trend percent for year 2 is:

  1. 10%
  2. 100%
  3. 91%
  4. 9%
  5. 110%

Do not copy from Chegg and give complete answer with explanation

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