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Use the following selected information from Wheeler, LLC to determine the 2015 and 2014 trend percentages for net sales using 2014 as the base. 2015

Use the following selected information from Wheeler, LLC to determine the 2015 and 2014 trend percentages for net sales using 2014 as the base.

2015

2014

Net sales

$276,200

$231,400

Cost of goods sold

151,900

129,590

Operating expenses

55,240

53,240

Net earnings

27,820

19,820

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36.4% for 2015 and 41.1% for 2014.

119.4% for 2015 and 100.0% for 2014.

117.2% for 2015 and 100.0% for 2014.

55.0% for 2015 and 56.0% for 2014.

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