A company's sales in Year 1 were $380,000 and in Year 2 were $417,500. Using Year 1 as the base year, the percent change for Year 2 compared to the base year is:
Multiple Choice
O 9%.
O 100%.
O 11%.
O 91%.
O 10%.

Trend analysis is defined by the trend percentage, which is calculated by dividing the analysis period amount by the base period amount and multiplying the result by 100.

How to calculate the base year?

In the trend analysis, a type of horizontal analysis, the trend of a given item through time is computed, and the result is expressed as the trend %.
Please look at the math below to get the percentage change.Rate of change = (New value - old value)...
Depending on the movement or trend a corporation is looking for, the analysis is useful in evaluating whether an item is increasing or declining as time goes on.
The trend % of sales for the current year over sales for the prior year is used as the base in this activity. To ascertain the business's orientation, it shows the trend or percentage change between any two years as compared to the base year.

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A company's sales in Year 1 were $380,000 and in Year 2 were $417,500. Using Year 1 as the base year, the percent change for Year 2 compared to the base year is: Multiple Choice O 9%. O 100%. O 11%. O 91%. O 10%.

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How to calculate the base year?

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A company's sales in Year 1 were $380,000 and in Year 2 were $417,500. Using Year 1 as the base year, the percent change for Year 2 compared to the base year is:
Multiple Choice
O 9%.
O 100%.
O 11%.
O 91%.
O 10%.