Question

Below are net sales and net income data for a five-year period. E: (Click the icon to view net sales and net income data.) Requirements 1. Compute trend percentages for net sales and net income for the five-year period, using year 1 as the base year. Round to the nearest percent. 2. Which grew faster during the period: net sales or net income? Requirement 1. Compute trend percentages for net sales and net income for the five-year period, using year 1 as the base year. (Round to the nearest whole percent, X%.) Year 5 Year 4 Year 3 Year 2 Year 1 Net sales % % Net income 0 0 % 0 % 1 % % i Data Table - X Year 5 Year 4 Year 3 Year 2 Year 1 Net sales ...... $ Net income...... 280,800 $ 275,600 $ 270,400 $ 267,800 $ 260,000 81,675 77,625 70,200 68,175 67,500 Print Print Done Done

Answer 1

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POS Yeaor 1 Yecon S Year 2 Year u Year3 vet sales 1031 100% to37 104 7 l06% (2673 030-26900 M0 net Imcome 260/000 1217 I15% 104 l0117 l00% 2 net Income by Dew 21% net Sales Soes by Paster duomg the Periad Imcome net టు

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