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Financial Statement Analysis Perform trend analysis of sales and net income LeBlanc, Inc., reported the following sales and net income amounts: (In thousands) Sales Net income $ 2018 10,492 $ 1,232 2017 9,804 $ 960 2016 9,288 $ 896 2015 8,600 800 Use the blue shaded areas on the ENTERANSWERS tab for inputs. Always use cell references and formulas where appropriate to receive full credit. If you copy/pas will be marked wrong. Requirement Show LeBlanc's trend percentages for sales and net income. Use 2015 as the base year. a. Saving & Submitting Solution 1 Save file to desktop. Create folder on desktop, and label COMPLETED EXCEL PROJECTS 2 Upload and submit your file to be graded. Navigate back to the activity window - screen where you downloaded the initial spreads b. Click Choose button under step 3; locate the file you just saved and click Open c. Click Upload button under step 3 d. Click Submit button under step 4 a. INSTRUCTIONS ENTERANSWERS Show LeBlane's trend percentages for sales and net income. Use 2015 as the base year. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab you will be marked wrong.) Sales trend percentages Net income trend percentages 2018 122% 154% 2017 114% 120% 2016 108% 112 2015 100% 100%