Jones Enterprises reported sales revenue totaling $672,000, $668,000, and $708,000 in the years, 2015, 2016, and 2017, respectively. Performing trend analysis, with 2015 serving as the base year, what is the percentage for 2017?   Question 15 options:   A)  19.08%   B)  28.21%   C)  105.36%   D)  105.99%

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
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Jones Enterprises reported sales revenue totaling $672,000, $668,000, and $708,000 in the years, 2015, 2016, and 2017, respectively.

Performing trend analysis, with 2015 serving as the base year, what is the percentage for 2017?
 

Question 15 options:

 

A) 

19.08%
 

B) 

28.21%
 

C) 

105.36%
 

D) 

105.99%
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