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Sales revenue for a restaurant operation is given for the months of March, April, and May of year 0007. The index numbers are stated for
Sales revenue for a restaurant operation is given for the months of March, April, and May of year 0007. The index numbers are stated for each month. Convert March, April, and May to current dollars. Round answers to the nearest dollar.
Year 0007 | sales revenue | trend index dollar |
march | $48,000 | 110.0 |
April | $50,000 | 112.0 |
may | $52,000 | 115.0 |
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