If Year 1 equals $800, Year 2 equals $840, and Year 3 equals $900, the percentage to be assigned for Year 3 in a trend analysis, assuming that Year 1 is the base year, is
A) 112.5%.
B) 105%.
C) 88.8%.
D) 100%.

Question

Quizplus · Accepted Answer

To find the percentage for Year 3 in a trend analysis with Year 1 as the base year, divide Year 3's value by Year 1's value and multiply by 100: (900/800) * 100 = 112.5%.

If Year 1 Equals $800, Year 2 Equals $840, and Year