Question: Prepare a trend analysis of the following data using 2016 as the base year. Place your answers in the format provided. 2018 2017 2016 Net

Prepare a trend analysis of the following data using 2016 as the base year. Place your answers in the format provided.
2018 2017 2016
Net sales
Gross margin
Net income
2018 2017 2016 Net sales Gross margin Net income $54,000 30,520 4,800 $55,000 29,400 5,400 $50,000 28,000 5,000
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