Carter Corporation reported net sales of $250,000, $400,000, and $600,000 in the years 2018, 2019, and...
Carter Corporation reported net sales of $250,000, $400,000, and $600,000 in the years 2018, 2019, and 2020 respectively. If 2018 is the base year, what is the trend percentage for 2020?
Homework Answers
Answer: 240%
Explanation:
Hence for the year 2020 Trend percentage is 240%
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Carter Corporation reported net sales of $250,000, $400,000, and
$600,000 in the years 2018, 2019, and...
Sunland Corporation reported net sales of $258000, $360000, and $611460 in the years 2017, 2018, and...
Sunland Corporation reported net sales of $258000, $360000, and $611460 in the years 2017, 2018, and 2019 respectively. If 2017 is the base year, what is the trend percentage for 2019?
View Policies Current Attempt in Progress Coronado Corporation reported net sales of $740000, $780000, and $851000...
View Policies Current Attempt in Progress Coronado Corporation reported net sales of $740000, $780000, and $851000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what percentage do 2018 sales represent of the base? 10996 115% 8796 15% Attempts: 0 of 1 used Submit Answer Save for later
Ally's Company reported the following data: 2018 2019 Sales $3,000,000 $4,800,000 Net Income $300,000 $400,000 Assets...
Ally's Company reported the following data: 2018 2019 Sales $3,000,000 $4,800,000 Net Income $300,000 $400,000 Assets at year end $1,800,000 $2,500,000 Liabilities at year end $1,200,000 $1,700,000 What is Ally’s asset turnover for 2019? 1.97 1.92 2.23 2.67
Brief Exercise 5-10 In 2018, Modder Corporation reported net sales of $250,000, cost of goods sold...
Brief Exercise 5-10 In 2018, Modder Corporation reported net sales of $250,000, cost of goods sold of $137,500, operating expenses of $50,000, and income tax expense of $20,000. In 2017, it reported net sales of $200,000, cost of goods sold of $114,000, operating expenses of $40,000, other revenu $10,000, and income tax expense of $15,000. Calculate the gross profit and net income for each year. 2018 2017 Gross profit $ Net income Calculate the gross profit margin and profit margin...
Can someone help me with questions 1-4 please? Thanks 1.Ash Company reported sales of $400,000 for...
Can someone help me with
questions 1-4 please? Thanks
1.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...
The revenue of Athena, Inc. for the years 2017, 2018, and 2019 are $74,000, $95,000 and...
The revenue of Athena, Inc. for the years 2017, 2018, and 2019 are $74,000, $95,000 and $197,000, respectively. If 2017 is the base year, what is the trend percentage for 2018? (Round your final answer to two decimal places.x.xx%.) OA. ОВ. OC. OD. 100%. 128.3896 28.38% (624496)
2019 2018 2017 2016 2015 Sales $ 556,950 $ 368,841 $ 290,426 $ 200,294 $ 146,200...
2019 2018 2017 2016 2015 Sales $ 556,950 $ 368,841 $ 290,426 $ 200,294 $ 146,200 Cost of goods sold 286,545 189,809 151,417 104,100 74,562 Accounts receivable 27,012 21,503 19,836 11,737 10,029 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: Choose Numerator: / Choose Denominator: / = Trend percent 2019: / = % 2018: / = % 2017: / = % 2016: / = % Trend Percent for Cost of...
Pina Colada Corp. reported net sales of $628800, $728000, and $786000 in the years 2021, 2022, and 2023
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In 2019 Hill Corporation reported a net operating loss of $10,400 that it carried forward to...
In 2019 Hill Corporation reported a net operating loss of $10,400 that it carried forward to 2020. In 2019 Hill also reported a net capital loss of $5,550 that it carried forward to 2020. In 2020, ignoring any carryovers from other years, Hill reported a loss for tax purposes of $61,250. The current-year loss includes a $18,400 net capital gain. What is Hill’s 2020 net operating loss?
In 2019 Hill Corporation reported a net operating loss of $19,000 that it carried forward to...
In 2019 Hill Corporation reported a net operating loss of $19,000 that it carried forward to 2020. In 2019 Hill also reported a net capital loss of $3,450 that it carried forward to 2020. In 2020, ignoring any carryovers from other years, Hill reported a loss for tax purposes of $74,500. The current-year loss includes a $14,400 net capital gain. What is Hill’s 2020 net operating loss?
View Policies Current Attempt in Progress Coronado Corporation reported net sales of $740000, $780000, and $851000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what percentage do 2018 sales represent of the base? 10996 115% 8796 15% Attempts: 0 of 1 used Submit Answer Save for later
Brief Exercise 5-10 In 2018, Modder Corporation reported net sales of $250,000, cost of goods sold of $137,500, operating expenses of $50,000, and income tax expense of $20,000. In 2017, it reported net sales of $200,000, cost of goods sold of $114,000, operating expenses of $40,000, other revenu $10,000, and income tax expense of $15,000. Calculate the gross profit and net income for each year. 2018 2017 Gross profit $ Net income Calculate the gross profit margin and profit margin...
Can someone help me with
questions 1-4 please? Thanks
1.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...
The revenue of Athena, Inc. for the years 2017, 2018, and 2019 are $74,000, $95,000 and $197,000, respectively. If 2017 is the base year, what is the trend percentage for 2018? (Round your final answer to two decimal places.x.xx%.) OA. ОВ. OC. OD. 100%. 128.3896 28.38% (624496)
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