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Ash company reported sales of 490000 for year 1, 540000 for year 2 and 590000 for year 3. Using year 1 as the base year what is the revenue trend percent for year 2 and year 3?

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter5: Accounting Systems

Section: Chapter Questions

Problem 25E

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Ash company reported sales of 490000 for year 1, 540000 for year 2 and 590000 for year 3. Using year 1 as the base year what is the revenue trend percent for year 2 and year 3?

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Similar questions

Ash Company reported sales of $440,000 for Year 1, $490,000 for Year 2, and $540,000 for Year 3. Using Year 1 as the base year, what is the revenue trend percent for Years 2 and 3?
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