Multiple Choice
Ash Company reported sales of $400,000 for Year 1, $450,000 for Year 2, and $500,000 for Year 3. Using Year 1 as the base year, what is the revenue trend percent for Years 2 and 3?
A) 125% for Year 2 and 112.5% for Year 3.
B) 80% for Year 2 and 90% for Year 3.
C) 88% for Year 2 and 80% for Year 3.
D) 112.5% for Year 2 and 125% for Year 3.
E) 88% for Year 2 and 90% for Year 3.
Correct Answer:
Verified
Correct Answer:
Verified
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