Native Nursery has cost of goods sold for the years 2014,2013 and 2012 respectively of $28,600,$26,900 and $25,600.If 2012 is the base year,the trend percentage for 2014 is:

Question

Quizplus · Accepted Answer

The trend percentage is calculated by taking the cost of goods sold for 2014, dividing it by the base year (2012) cost of goods sold, and then multiplying by 100. So, ($28,600 / $25,600) * 100 = 111.72%.

Native Nursery Has Cost of Goods Sold for the Years