The revenue of Systems Design,Inc.for the years 2012,2013,and 2014 are $75,000,$100,000 and $200,000,respectively.If 2012 is the base year,the trend percentage for 2013 is:

Question

Quizplus · Accepted Answer

To find the trend percentage for 2013, we need to compare the revenue in 2013 with the revenue in 2012 (the base year) and express it as a percentage increase or decrease.

The revenue in 2013 was $100,000, which is an increase of $25,000 from the revenue in 2012 ($100,000 - $75,000). To express this increase as a percentage of the revenue in 2012, we can use the following formula:

Trend percentage = (revenue in current year - revenue in base year) / revenue in base year x 100%

Plugging in the values, we get:

Trend percentage for 2013 = ($100,000 - $75,000) / $75,000 x 100% = 33.33%

Therefore, the trend percentage for 2013 is 33%, which corresponds to choice (C).

The Revenue of Systems Design,Inc