Gen Combo Ll Financial Accounting Fundamentals; Connect Access Card
Gen Combo Ll Financial Accounting Fundamentals; Connect Access Card
7th Edition
ISBN: 9781260581256
Author: John Wild
Publisher: McGraw-Hill Education
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Chapter 13, Problem 1PSB
To determine

Trend Percents:

A data presentation to show change over a quite long period of time is known as trend percents. In this analysis items are expressed as a percentage of a base year and items are taken line by line.

1.

To compute: Trend percents for income statement and balance sheet of T Company by using 2011 as base year.

2.

To determine

To explain: Analyze financial statement and trend percents from part 1.

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