Danner Corporation reported net sales of $600,000, $680,000, and $780,000 in the years 2013, 2014, and 2015, respectively. If 2013 is the base year, what percentage do 2015 sales represent of the base?

Question

Quizplus · Accepted Answer

To find the percentage that 2015 sales represent of the base year (2013), divide the 2015 sales by the 2013 sales and multiply by 100: ($780,000 / $600,000) * 100 = 130%.

Danner Corporation Reported Net Sales of $600,000, $680,000, and $780,000