Don Williams received a memo requesting that he complete a trend analysis of the following numbers using 2018 as the base year. 2019 $420,000 340,000 40,000 Sales Gross profit Net income 2021 $340,000 180,000 70,000 Sales Gross profit Net income Could you help Don with the request? (Round your answers to the nearest whole percent.) 2021 2020 $400,000 240,000 90,000 % % % 2020 % % % 2019 2018 $500,000 400,000 50,000 % % % 2018 Check my work 100 % 100 % 100 %
Don Williams received a memo requesting that he complete a trend analysis of the following numbers using 2018 as the base year. 2019 $420,000 340,000 40,000 Sales Gross profit Net income 2021 $340,000 180,000 70,000 Sales Gross profit Net income Could you help Don with the request? (Round your answers to the nearest whole percent.) 2021 2020 $400,000 240,000 90,000 % % % 2020 % % % 2019 2018 $500,000 400,000 50,000 % % % 2018 Check my work 100 % 100 % 100 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Don Williams received a memo requesting that he complete a trend analysis of the following numbers using 2018 as the base year.
2019
$420,000
340,000
40,000
Sales
Gross profit
Net income
2021
$340,000
180,000
70,000
Sales
Gross profit
Net income
Could you help Don with the request? (Round your answers to the nearest whole percent.)
2021
2020
$400,000
240,000
90,000
%
%
%
2020
%
%
%
2019
2018
$500,000
400,000
50,000
%
%
%
2018
Check my work
100 %
100 %
100 %](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F112bed20-9953-4272-8c18-9ffb610f2d60%2F8bf66b8e-f852-443a-8e9d-2aebb0d07919%2Fpprtajm.png&w=3840&q=75)
Transcribed Image Text:Don Williams received a memo requesting that he complete a trend analysis of the following numbers using 2018 as the base year.
2019
$420,000
340,000
40,000
Sales
Gross profit
Net income
2021
$340,000
180,000
70,000
Sales
Gross profit
Net income
Could you help Don with the request? (Round your answers to the nearest whole percent.)
2021
2020
$400,000
240,000
90,000
%
%
%
2020
%
%
%
2019
2018
$500,000
400,000
50,000
%
%
%
2018
Check my work
100 %
100 %
100 %
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