The trend analysis report of Doppler Inc. is given below: Which of the following is a correct conclusion from the above analysis?
A)Net income for the year 2015 has increased by 115% over that for the year 2013.
B)Net income for the year 2015 has decreased by 15% over that for the year 2013.
C)Net income for the year 2015 has decreased by 115% over that for the year 2013
D)Net income for the year 2015 has increased by 15% over that for the year 2013.

Question

The trend analysis report of Doppler Inc. is given below:  Which of the following is a correct conclusion from the above analysis?
A)Net income for the year 2015 has increased by 115% over that for the year 2013. 
B)Net income for the year 2015 has decreased by 15% over that for the year 2013. 
C)Net income for the year 2015 has decreased by 115% over that for the year 2013 
D)Net income for the year 2015 has increased by 15% over that for the year 2013.

Quizplus · Accepted Answer

The trend analysis report shows a percentage increase or decrease in net income for each year compared to the base year 2013. The percentage change for 2015 is 15% higher than that of 2013, indicating an increase in net income. Therefore, option D is the correct conclusion. Options A and C are incorrect because the percentage change cannot be more than 100%. Option B is incorrect because the trend analysis report shows an increase, not a decrease, in net income for 2015.

The Trend Analysis Report of Doppler Inc