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Homework: Homework Chapter $18$

estion

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Question $2,$ Exercise $18-2($similar to$)$

Part $1$ of $2$

Compute trend percentages for Birch Inc. $\text{'}$s net sales and net income for the following five$-$year period, using $2019$ as the base year $($Click the icon to view net sales and net income for the five years.$)$

Which measure grew more during the period, net sales or net income? By what percentage did net sales and net income grow from $2019$ to $20232$

uestion $1$

estion $2$

Enter trend percentage values for net sales and net income in the table below: $($Round the percentages to the nearest tenth percent, X$.$X$\%.)$

tion $3$

Net sales

Net income

on $4$

$2023$

$2022$

$2021$

$\%$

$\%$

$\%$

$\%$

Net sales and net income

$\%$

$\%$

$2020$

$2019$

$\%$

$\%$

$\%$

X

$5$

$($in thousands$)$

Net sales

Net income

$2023$

$$1,800$

$153$

$2022$

$$1,505$

$133$

$2021$

$$1,410$

$2020$

$$1,245$

$2019$

$$1,320$

$110$

$98$

$119$

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