A company's sales in Year 1 were $250,000 and in Year 2 were $287,500. Using Year 1 as the base year, the sales trend percent for Year 2 is:
A) 87%.
B) 100%.
C) 115%.
D) 15%.
E) 13%.

Question

Quizplus · Accepted Answer

Sales trend percent = (Year 2 sales / Year 1 sales) x 100%
                     = ($287,500 / $250,000) x 100%
                     = 1.15 x 100%
                     = 115%
Therefore, the sales trend percent for Year 2 using Year 1 as the base year is 115%.

A Company's Sales in Year 1 Were $250,000 and in Year