Financial and Managerial Accounting: Information for Decisions
Financial and Managerial Accounting: Information for Decisions
6th Edition
ISBN: 9780078025761
Author: John J Wild, Ken Shaw Accounting Professor, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
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Chapter 13, Problem 3E
To determine

Trend Percents:

A horizontal form of analysis which reveals a pattern in data across successive period is the trend percents. In this analysis, items are expressed as a percentage of a base year and items are taken line by line.

To compute: Trend percents for given accounts and situations as per trends.

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