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Ash Company reported sales of $500,000 for Year 1, $550,000 for Year 2, and $600,000 for Year 3. Using Year 1 as the base year,

Ash Company reported sales of $500,000 for Year 1, $550,000 for Year 2, and $600,000 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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  • 91.0% for Year 2 and 91.7% for Year 3.

  • 120.0% for Year 2 and 110.0% for Year 3.

  • 83.3% for Year 2 and 91.7% for Year 3.

  • 110.0% for Year 2 and 120.0% for Year 3.

  • 91.0% for Year 2 and 83.3% for Year 3.

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