Shareholders in an electronics company were informed that the company's market share increased from 6.5% to 8.45%, a rise of 1.95 percentage points. What percent increase in sales does this represent?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
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Shareholders in an electronics company were informed that the company's market share increased from 6.5% to 8.45%, a rise of 1.95 percentage points. What percent increase in sales does this represent?

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