Multiple Choice
A user has decided to perform a horizontal analysis of Nanton Company.The year 2012 is used as the base year.Sales in 2012 were $4,250,000.Sales in 2013 and 2014 were $5,788,000 and $6,125,000, respectively.The trend data amount for 2014 for sales would be closest to?
A) 106%
B) 113%
C) 136%
D) 144%
Correct Answer:
Verified
Correct Answer:
Verified
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