Below are net sales and net income data for a five-year period. Requirements 1. Compute trend percentages
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Requirements
1. Compute trend percentages for net sales and net income for the five-year period, using year 1 as the base year.
2. Which grew faster during the period, net sales or netincome?
Transcribed Image Text:
Year 5 $2,650 767 Year 4 $2,625 728 Year 3 S2,575 670 Year 2 Net Sales Net Income . $2,550 650 Year 1 $2,500 650
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