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Suppose Razrthin Inc., a producer of a men’s shaving razors has a subsidiary in United Kingdom. At the end of the year, Razrthin has to consolidate its income statement. For 2014, the company generated $125 million in sales in the U.S. which was $25 million more than 2013. The U.K. subsidiary recorded sales of £30 million in 2014, which was £5 million more than 2013. What is the percentage increase in sales in the US?
1. 3.8 percent
2. 4.2 percent
3. 5 percent
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