Don Williams received a memo requesting that he complete a trend analysis of the following numbers using 2021 as the base year. 2024 Sales Gross profit Net income $ 390,600 208,000 43,200 2023 $ 465,000 286,000 56,000 2022 $ 489,800 416,000 24,000 2021 $ 620,000 520,000 32,000 Could you help Don with the request? Sales Gross profit Net income 2024 2023 2022 2021 % % % 100 % % % % 100 % % % % 100 %
Don Williams received a memo requesting that he complete a trend analysis of the following numbers using 2021 as the base year. 2024 Sales Gross profit Net income $ 390,600 208,000 43,200 2023 $ 465,000 286,000 56,000 2022 $ 489,800 416,000 24,000 2021 $ 620,000 520,000 32,000 Could you help Don with the request? Sales Gross profit Net income 2024 2023 2022 2021 % % % 100 % % % % 100 % % % % 100 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Don Williams received a memo requesting that he complete a trend analysis of the following numbers using 2021 as the base year.
2024
Sales
Gross profit
Net income
$ 390,600
208,000
43,200
2023
$ 465,000
2022
$489,800
286,000
56,000
416,000
24,000
2021
$ 620,000
520,000
32,000
Could you help Don with the request?
Sales
Gross profit
Net income
2024
2023
2022
2021
%
%
%
100 %
%
%
%
100%
%
%
%
100 %
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