Answer:
$267,500
Explanation:
First-year sales are $250,000
Second-year sales will increase by 7 percent.
The first-year sales were 100%, second-year sales should be 107%
The first-year sale was $250,00; second-year sale will be 107% of $250,00
= 107/100 x 250,00
=1.07 x $250,000
=$267,500