How is the trend percentage for sales in 2019 computed? The base year is 2012.
A) Year 2019 sales ÷ Year 2012 sales
B) (Year 2019 sales - Year 2012 sales) ÷ Year 2012 sales
C) (Year 2019 sales - Year 2012 sales) ÷ Year 2019 sales
D) (Year 2019 sales ÷ Year 2012 sales) × 100
Correct Answer:
Verified
Q20: MD&A stands for:
A)Management's Discussion and Analysis.
B)Management's Decisions
Q21: The ratio of the dollar amount of
Q22: When computing trend percentages:
A)the current year is
Q23: A type of analysis that indicates the
Q24: Vertical analysis compares a line item on
Q26: The formula for the percentage change in
Q27: Horizontal analysis is most closely related to:
A)trend
Q28: Year to year percentage changes in line
Q29: Nekich Company reports the following sales figures(in
Q30: The primary focus of horizontal analysis is:
A)percentage
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