ItsYourShreya
Answered

Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Join our platform to connect with experts ready to provide precise answers to your questions in various areas. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Ash company reported sales of $580,000 for year 1, $630,000 for year 2, and $680,000 for year 3. Using year 1 as the base year, what is the revenue trend percent for years 2 and 3??​

Sagot :

TheUnknownScientist

Answer:

Year 2: 109.4%

Year 3: 118.9%

Step-by-step explanation:

Given;

  • Ash company reported sales of $580,000 for year 1
  • $630,000 for year 2,
  • $680,000 for year 3.

Now,

For the revenue trend percent for year 2

Year 2: $580,000 / $530,000 × 100 = 109.4%

For the revenue trend percent for year 3

Year 3: $630,000 / $530,000 × 100 = 118.9%

Thus, The answer is 109.4% and 118.9%.

-TheUnknownScientist 72

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.