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.)​

Percentage of Net Change

The ratio or fraction, expressed as a percentage, that represents the difference between the old value and the new value divided by the old value, often used to measure growth or decline.

Comparative Income Statement

A financial statement that compares income, expenses, and net income over different periods to observe trends or changes.

Sales

Transactions involving the exchange of goods or services for money.