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To Calculate Trend Percents

Question 116

Multiple Choice

To calculate trend percents:


A) Select a base period and assign each item for the base period statement a weight of 100%.
B) Express financial numbers from other periods as a percent of the related base period number.
C) Subtract the analysis period number from the base period number.
D) Select a base period and assign each item for the base period statement a weight of 100% and express financial numbers from other periods as a percent of the related base period number.
E) All of these answers are correct.

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