In a Trend Analysis,an Index Number of 139 for 20x5

Multiple Choice

In a trend analysis,an index number of 139 for 20x5 sales indicates that

A) sales for 20x5 were 139 percent higher than sales for the same company in the base year.
B) sales for 20x5 for this company were 139 percent of the sales figure of another company being used in the comparison.
C) sales for 20x5 were 139 percent of the sales for the same company in the base year.
D) actual sales for 20x5 exceeded budgeted sales for 20x5 by 39 percent.