3- Sammy Corporation reported net sales of S300,000, $330,000, and S360,000 in the years, 2015, 2016, and 2017, respectively. If 2015 is the base year, what is the trend percentage for 2017? А. 77%. В. 108%. C 120%

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.17E: Profitability metrics The following selected data were taken from the financial statements of The...
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3- Sammy Corporation reported net sales of S300,000, $330,000, and S360,000 in the years,
2015, 2016, and 2017, respectively. If 2015 is the base year, what is the trend percentage for
2017?
А. 77%.
В. 108%.
C. 120%
Transcribed Image Text:3- Sammy Corporation reported net sales of S300,000, $330,000, and S360,000 in the years, 2015, 2016, and 2017, respectively. If 2015 is the base year, what is the trend percentage for 2017? А. 77%. В. 108%. C. 120%
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