Please refer to the following trend analysis of Pathways Company: $$\begin{array} { | l | c | c | c | c | c | c | }
\hline & 2015 & 2014 & 2013 & 2012 & 2011 & 2010 \
\hline \text { Net sales } & \$ 4,970 & \$ 4,500 & \$ 3,980 & \$ 3,270 & \$ 4,750 & \$ 4,400 \
\hline \text { Percentages } & 113.0 \% & 102.3 \% & 90.5 \% & 74.3 \% & 108.0 \% & 100.0 \% \
\hline
\end{array}$$ Which of the following is a correct conclusion from the above analysis?
A) Net sales in 2014 were equal to 102.3% of net sales for the previous year.
B) Net sales in 2014 were up 2.3% over the previous year.
C) Net sales in 2014 were 2.3% higher than 2010 net sales.
D) Net sales in 2014 were down 90.5% from year 2010.

Question

Please refer to the following trend analysis of Pathways Company: $$\begin{array} { | l | c | c | c | c | c | c | } 
\hline & 2015 & 2014 & 2013 & 2012 & 2011 & 2010 \
\hline \text { Net sales } & \$ 4,970 & \$ 4,500 & \$ 3,980 & \$ 3,270 & \$ 4,750 & \$ 4,400 \
\hline \text { Percentages } & 113.0 \% & 102.3 \% & 90.5 \% & 74.3 \% & 108.0 \% & 100.0 \% \
\hline
\end{array}$$ Which of the following is a correct conclusion from the above analysis?
A) Net sales in 2014 were equal to 102.3% of net sales for the previous year.
B) Net sales in 2014 were up 2.3% over the previous year.
C) Net sales in 2014 were 2.3% higher than 2010 net sales.
D) Net sales in 2014 were down 90.5% from year 2010.

Quizplus · Accepted Answer

The Answer of Please refer to the following trend analysis of Pathways Company: $$\begin{array} { | l | c | c | c | c | c | c | } 
\hline & 2015 & 2014 & 2013 & 2012 & 2011 & 2010 \
\hline \text { Net sales } & \$ 4,970 & \$ 4,500 & \$ 3,980 & \$ 3,270 & \$ 4,750 & \$ 4,400 \
\hline \text { Percentages } & 113.0 \% & 102.3 \% & 90.5 \% & 74.3 \% & 108.0 \% & 100.0 \% \
\hline
\end{array}$$ Which of the following is a correct conclusion from the above analysis?
A) Net sales in 2014 were equal to 102.3% of net sales for the previous year.
B) Net sales in 2014 were up 2.3% over the previous year.
C) Net sales in 2014 were 2.3% higher than 2010 net sales.
D) Net sales in 2014 were down 90.5% from year 2010.

Please Refer to the Following Trend Analysis of Pathways Company