Adams Corporation reported net sales of $300,000, $330,000, and $360,000 in the years 2002, 2003, and 2004,

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Adams Corporation reported net sales of $300,000, $330,000, and $360,000 in the years 2002, 2003, and 2004, respectively. If 2002 is the base year, what is the trend percentage for 2004?

(a) 77%.

(b) 108%.

(c) 120%.

(d) 130%.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471691952

3rd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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