How is the trend percentage for sales in 2019 computed? The base year is 2012 OA. Year 2019 sales Year 2012 sales O B. (Year 2019 sales + Year 2012 sales) 100 O C. (Year 2019 sales-Year 2012 sales)Year 2019 sales O D. (Year 2019 sales-Year 2012 sales) Year 2012 sales When a corporation issues stock and receives an asset other than cash, the value of the asset received can create an ethical challenge. O True O False Marvin's Foods has outstanding 400 shares of 2% preferred stock, $100 par value; and 1,500 shares of common stock, $15 par value. Marvin's declares dividends of $13,800. Which of the following is the correct entry? Journal Entry Date Debit Dividends Expense 13,800 13,800 Journal Entry Date Debit Retained Earnings 13,800 Dividends Payable, Preferred Dividends Payable, Common 800 13,000 Journal Entry Date Debit Dividends Payable, Preferred Dividends Payable, Common 800 13,000 13,800 Journal Entry Date Debit Retained Earnings 13,800 Dividends Payable, Preferred Dividends Payable, Common 6,900 6,900 Declining income from operations indicates a slowdown in business activity. O True O False