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#2 Use the following selected information from Wheeler, LLC to determine the 2017 and 2016 trend percentages for net sales using 2016 as the base.
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Use the following selected information from Wheeler, LLC to determine the 2017 and 2016 trend percentages for net sales using 2016 as the base. 2017 2016 Net sales $ 276,200 $231,400 Cost of goods sold 151,900 129,590 Operating expenses 55, 240 53,240 Net earnings 27,820 19,820 Multiple Choice 36.4% for 2017 and 41.1% for 2016. 55.0% for 2017 and 56.0% for 2016. 119.4% for 2017 and 100.0% for 2016. 117.2% for 2017 and 100.0% for 2016. 65.1% for 2017 and 64.6% for 2016
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