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hi please help me check my homework question asap! I included my work but I'm unsure if its correct. Turcotte Corp. reported the following revenues
hi please help me check my homework question asap!
I included my work but I'm unsure if its correct.
Turcotte Corp. reported the following revenues and net income amounts. 2018 2017 2016 2015 2014 Revenue $485 $728 $675 $500 $452 Cost of goods sold 403 398 650 602 456 Calculate Turcotte's trend analysis for revenues and cost of goods sold. Use 2014 as the base year, and round to the nearest percent. 2018 2017 2016 Trend Analysis Revenue 2015 2014 $728 $675 $500 $485 $452 Trend 161% Percentages 149% 111% 107% 100% Cost of Goods Sold $650 $602 $456 $403 $398 Trend 163% Percentages 151% 115% 101% 100% Step by Step Solution
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