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Ash Company reported sales of $430,000 for Year 1, $480,000 for Year 2, and $530,000 for Year 3. Using Year 1 as the base year,

Ash Company reported sales of $430,000 for Year 1, $480,000 for Year 2, and $530,000 for Year 3. Using Year 1 as the base year, what is the revenue trend percent for Years 2 and 3?

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  • 81.1% for Year 2 and 90.6% for Year 3.

  • 123.3% for Year 2 and 111.6% for Year 3.

  • 111.6% for Year 2 and 123.3% for Year 3.

  • 90.0% for Year 2 and 81.1% for Year 3.

  • 90.0% for Year 2 and 90.6% for Year 3.

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