Question: Perform a Trend Analysis on the following data (using percentages) Item Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Sales $309,000 $330,000 $410,000
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Perform a Trend Analysis on the following data (using percentages)
| Item | Yr 1 | Yr 2 | Yr 3 | Yr 4 | Yr 5 |
| Sales | $309,000 | $330,000 | $410,000 | $477,000 | $508,000 |
| Cost of Goods Sold | 145,000 | 160,000 | 209,000 | 250,000 | 260,000 |
| Gross Profit | 164,000 | 170,000 | 201,000 | 227,000 | 248,000 |
| Item | Yr 1 | Yr 2 | Yr 3 | Yr 4 | Yr 5 |
| Sales | 100 | ||||
| Cost of Goods Sold | 100 | ||||
| Gross Profit | 100 |
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