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Question 1: Cheyenne Corp. reported net sales of $667000, $724000, and $800400 in the years 2021, 2022, and 2023, respectively. If 2021 is the base year, what percentage do 2023 sales represent of the base?
Option 1: 20%
Option 2: 83%
Option 3: 120%
Option 4: 111%
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If you were the accountant of this organisation, what action (if any) would you take? Why? What are the ethical issues involved as a result of the sales
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