A company's sales in Year 1 were $250,000 and in Year 2 were $287,500. Using Year 1 as the base year, the sales trend percent for Year 2 is:

A) 87%.
B) 100%.
C) 115%.
D) 15%.
E) 13%.

Question

A company's sales in Year 1 were $250,000 and in Year 2 were $287,500. Using Year 1 as the base year, the sales trend percent for Year 2 is:A)  87%.B)  100%.C)  115%.D)  15%.E)  13%.

Paraic O Carroll · Accepted Answer

Final Answer : C, Explanation :  Sales trend percent = (Year 2 sales / Year 1 sales) x 100%= ($287,500 / $250,000) x 100%= 1.15 x 100%= 115%Therefore, the sales trend percent for Year 2 using Year 1 as the base year is 115%.

A company's sales in Year 1 were $250,000 and in Year 2 were $287,500. Using Year 1 as the base year, the sales trend percent for Year 2 is:

A) 87%.
B) 100%.
C) 115%.
D) 15%.
E) 13%.

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Learning Objectives

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