Question: Prepare a trend analysis of the following data using 2016 as the base year. Place your answers in the chart provided. Comment on the trend.

Prepare a trend analysis of the following data using 2016 as

Prepare a trend analysis of the following data using 2016 as the base year. Place your answers in the chart provided. Comment on the trend. 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 ANS: (6 x 1 = 6)

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