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Jennings, Jenkins, and Isaiah reported the following sales information for the last four years. Management has been happy with the sales growth. However, the new controller is concerned that sales have not been keeping pace with inflation. Given the following information, is the controller right to be concerned and why?

	20X4	20X3	20X2	20X1
Sales	$148,764	$135,240	$117,600	$98,000
Inflation Rate	12%	9%	5%

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		A. No, average growth has been $16,921 per year.
		B. Yes, while still positive, sales growth rate has been slowing down.
		C. Yes, sales growth in 20X4 was only 10% while inflation was 12%.
		D. No, total sales are increasing each year.

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