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    Exam 13: Financial Statement Analysis
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    Boone Trading Company Reported Net Sales of $400,000, $440,000, and $560,000
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Boone Trading Company Reported Net Sales of $400,000, $440,000, and $560,000

Question 183

Question 183

Multiple Choice

Boone Trading Company reported net sales of $400,000, $440,000, and $560,000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what is the trend percentage for 2018?


A) 71%
B) 127%
C) 140%
D) 110%

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