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Explain respective sales percentages in a trend analysis

The Gooding's Corporation reported sales of $80,000 in 2012, $96,000 in 2013, and $112,000 in 2014. In a trend analysis for these years, where 2012 is used as the base year, the respective sales percentages would be:

100%; 120%; 137%
100%; 120%; 117%
100%; 120%; 140%
80%; 96%; 112%.

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Explain respective sales percentages in a trend analysis

Reference No:- TGS0672619

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Calculate the cost of the ending inventory using the fifo

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Q : Compute length of the firm cash conversion cycle

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Q : Explain respective sales percentages in a trend analysis

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Explain respective sales percentages in a trend analysis

Reference No:- TGS0672619

Recent Questions Asked Finance Basics

Q : Calculate the cost of the ending inventory using the fifo

Q : What is the percentage change in the price

Q : Compute length of the firm cash conversion cycle

Q : Prepare sams income-tax return

Q : Explain respective sales percentages in a trend analysis

Q : Problem related to character creation

Q : Question-market value ratios

Q : Determine cost of the preferred stock

Q : Which transactions will not cause change in current ratio

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