Flint Corporation reported net sales of $536000, $740000, and $804000 in the years 2021, 2022, and 2023, respectively. If 2021 is the base year, what percentage do 2023 sales represent of the base?

50%

150%

109%

67%

The following schedule is a display of what type of analysis?

	Amount	Percent
Current assets	$100,000	25%
Property, plant, and equipment	300,000	75%
Total assets	$400,000	100%

Differential analysis

Horizontal analysis

Vertical analysis

Ratio analysis

If Year 1 sales equal $900, Year 2 sales equal $1170, and Year 3 sales equal $1130, the percentage to be assigned for Year 2 in a trend analysis, assuming that Year 1 is the base year, is

126%.

97%.

130%.

77%.