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Prepare a Trend Analysis of the Following Data, Using Year

Question 159

Essay

Prepare a trend analysis of the following data, using Year 1 as the base year. Place your answers in the chart provided. Comment on the trend.
 Year 3  Year 2 Year 1  Net saes $324,000$330,000$300,000 Net income 33,00031,80030,000\begin{array} { | l | l | l | l | } \hline & \text { Year 3 } & \text { Year 2} & \text { Year 1 } \\\hline \text { Net saes } & \$ 324,000 & \$ 330,000 & \$ 300,000 \\\hline \text { Net income } & 33,000 & 31,800 & 30,000 \\\hline & & & \\\end{array}  Year 3  Year 2  Year 1  Net sales  Net income \begin{array}{|l|l|l|l|}\hline & \text { Year 3 } & \text { Year 2 } & \text { Year 1 } \\\hline \text { Net sales } & & & \\\hline \text { Net income } & & & \\\hline\end{array}

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\[\begin{array} { | l | l | l | l | }
\...

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