If Year 1 equals $780, Year 2 equals $819, and Year 3 equals $896, the percentage to be assigned for Year 2 in a trend analysis, assuming that Year 1 is the base year, is
A) 95%.
B) 115%.
C) 105%.
D) 109%.

Question

Quizplus · Accepted Answer

To find the percentage for Year 2 in a trend analysis with Year 1 as the base year, divide Year 2's value by Year 1's value and multiply by 100: (819/780) * 100 = 105%.

If Year 1 Equals $780, Year 2 Equals $819, and Year