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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?

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Answer #1

Correct answer-----------237%

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Trend Percentage for Net Sales
Choose Numerator / Choose denominator = Sales %
2019 sales / 2017 sales =
2019 $ 611,460 / $ 258,000 = 237.00%
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