Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 28, 2024

A company's sale in year 1 was 250,000, and in year 2 287,500, using year 1 as the base year, the sales trend percent for

A company's sale in year 1 was 250,000, and in year 2 287,500, using year 1 as the base year, the sales trend percent for year 2 is?

A. -15% B. 87% C.15% D.100% E.13%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Essentials For Hospitality Managers

Authors: Chris Guilding

3rd Edition

0415841097, 978-0415841092

More Books

Students also viewed these Accounting questions

Question

★★★★★

What are the purposes of chamfers on cutting tools? Explain.

Answered: 1 week ago

Question

★★★★★

Read the following description of a requirement for FoodCo, and decide which parts of it are functional requirements and which are non-functional requirements. The allocation of staff to production...

Answered: 1 week ago

Question

★★★★★

Develop a conceptual framework, solve a practical problem, and/or formulate research questions and hypotheses using the literature review.

Answered: 1 week ago

Question

★★★★★

Classify the following reports as being either scheduled or on-demand reports. Cash disbursements listing Overtime report Customer account history Inventory stock-out report Accounts receivable aging...

Answered: 1 week ago

Question

★★★★★

E 3 . 6 ( LO 2 , 3 ) Orwell Surf Shop accumulates the following adjustment data at December 3 1 . Identify types of adjustments and account relationships. Services performed but unbilled total l o n...

Answered: 1 week ago

Question

★★★★★

Hi, i need help with these short questions. Thank you so much 1) When do we apply common law and when do we apply UCC? 2) How is omission of contract elements treated under UCC compared to common...

Answered: 1 week ago

Question

★★★★★

Imagine your sister calls you and starts sharing the difficulty she is having at work with the team she is leading. Many members of her team are experiencing interpersonal conflict with each other...

Answered: 1 week ago

Question

★★★★★

Subject :- CREDIT & RISK MANAGEMENT Total Marks: 10 SEMESTER FALL 2021 CREDIT & RISK MANAGEMENT (FIN625) Assignment 2 - Due Date: February 22, 2022 Topic: COLLATERAL ABC bank is a well-established...

Answered: 1 week ago

Question

★★★★★

Portions of the financial statements for Parnell Company are provided below. PARNELL COMPANY Income Statement For the Year Ended December 31, 2024 ($ in thousands) Revenues and gains: Sales Gain on...

Answered: 1 week ago

Question

★★★★★

As CIO of BellyBig, a new chain of fast - food restaurants, you are responsible for setting up the information systems infrastructure. Brefly outline your vision for all the components of this...

Answered: 1 week ago

Question

★★★★★

Outdoor Equipment (OE) sells camping equipment. On December 1, the accounts receivable account had a balance of $50,000, the bad debt expense account had a balance of $0, and the allowance for...

Answered: 1 week ago

Question

★★★★★

GMs motto of bringing their (employees) lifes passion to work focuses upon what important skills in human relations?

Answered: 1 week ago

Question

★★★★★

Which one of the 10 guidelines for effective human relations do you think is the most important?

Answered: 1 week ago

Question

★★★★★

What is the evidence that W. L. Gore & Associates aspires to meet the goal of human relations?

Answered: 1 week ago

Previous Question Next Question