The comparative income statement of Lawn Products, Inc. showed sales of $325,000 in 2004 and $494,450 in 2005. Compute the percentage of net change in sales. (Round answer to one decimal place.)

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
icon
Related questions
Question
100%
The comparative income statement of Lawn Products, Inc. showed sales of $325,000 in 2004 and $494,450
in 2005. Compute the percentage of net change in sales. (Round answer to one decimal place.)
Transcribed Image Text:The comparative income statement of Lawn Products, Inc. showed sales of $325,000 in 2004 and $494,450 in 2005. Compute the percentage of net change in sales. (Round answer to one decimal place.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Rate of Change
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning