A company's sales in 2009 were $250,000 and in 2010 were $287,500. Using 2009 as the base year, the sales trend percent for 2010 is:

Question

Quizplus · Accepted Answer

To find the sales trend percentage for 2010, we need to calculate the percentage increase from 2009 to 2010 based on the 2009 sales as the base year.

Percentage increase = (Increase in sales in 2010 / Sales in 2009) x 100

Increase in sales in 2010 = $287,500 - $250,000 = $37,500

Percentage increase = ($37,500 / $250,000) x 100 = 15%

Therefore, the sales trend percentage for 2010 is 115% (100% + 15%).

A Company's Sales in 2009 Were $250,000 and in 2010