Leland Corporation reported net sales of ($ 300,000), ($ 330,000), and ($ 360,000) in the years 1994,1995

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Leland Corporation reported net sales of $\$ 300,000$, $\$ 330,000$, and $\$ 360,000$ in the years 1994,1995 , and 1996, respectively. If 1994 is the base year, what is the trend percentage for 1996?

a. $77 \%$.

b. $108 \%$.

c. $120 \%$.

d. $130 \%$.

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Financial Accounting

ISBN: 9780471169208

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jun 14, 2024 01:13 AM

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Leland Corporation reported net sales of ($ 300,000), ($ 330,000), and ($ 360,000) in the years 1994,1995

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Financial Accounting

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