Ash Company reported sales of $550,000 for Year 1, $600,000 for Year 2, and $650,000 for Year 3. Using Year 1 as the base year, what is the revenue trend percent for Years 2 and 3? A. 118.2% for Year 2 and 109.1% for Year 3. B. 92.0% for Year 2 and 84.6% for Year 3. C. 92.0% for Year 2 and 92.3% for Year 3. D. 84.6% for Year 2 and 92.3% for Year 3. E. 109.1% for Year 2 and 118.2% for Year 3.

Ash Company reported sales of $550,000 for Year 1, $600,000 for Year 2, and $650,000 for Year 3. Using Year 1 as the base year, what is the revenue trend percent for Years 2 and 3? A. 118.2% for Year 2 and 109.1% for Year 3. B. 92.0% for Year 2 and 84.6% for Year 3. C. 92.0% for Year 2 and 92.3% for Year 3. D. 84.6% for Year 2 and 92.3% for Year 3. E. 109.1% for Year 2 and 118.2% for Year 3.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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