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Calculating and analyzing trend percents Selected comparative financial statements of Jackson Company follow. Required: 1. Complete the below table to calculate the trend percents for

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Calculating and analyzing trend percents Selected comparative financial statements of Jackson Company follow. Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2015 as the base year. 2. Refer to the results from part 1. (a) Did sales grow steadily over this penod? (b) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period? Complete this question by entering your answers in the tabs below. Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2015 as the base yeat. 2. Refer to the results from part 1. () Did sales grow steadily over this period? (b) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period? Complete this question by entering your answers in the tabs below. Complete the below table to calculate the trend percents for all components of comparative income statements using 2015 as the base year, (Round y percentage answers to 1 decimal place.) past four years? (c) Did inventory increase over this peniod? Complete this question by entering your answers in the tabs below. Complete the below table to calculate the trend percents for all components of comparative balance sheets using 2015 as the base year (Rlound your percentage. answers to 1 dedint place.) 1. Complete the below table to calculate the trend percents for all components of both statements using 2015 as the base 2. Refer to the results from part 1. (a) Did sales grow steadily over this period? (b) Did net income as a percent of sales gro past four years? (c) Did inventory increase over this period? Complete this question by entering your answers in the tabs below. Refer to the results from part 1. (a) Did sales grow steadily over this period? (b) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period

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