Question: Question 1 (12 pts): Using fiscal 2017 as the base year, compute trend percentages for fiscal years 2017, 2018, and 2019 for total net sales,

Question 1 (12 pts): Using fiscal 2017 as the base year, compute trend percentages for fiscal years 2017, 2018, and 2019 for total net sales, total cost of sales, operating income, and net income. Question 2 (6 pts) : By referring your answers to question 1; a. Comment on if there is a clear increasing/decreasing trend for the specified items. b. If there is any trends, please specify the trends are compatible with each other or not (if trend percents go hand-in-hand for all items or diverge from each other). c. If the trend percents diverge from each other, what could be the possible reason of it? Answer:
 Question 1 (12 pts): Using fiscal 2017 as the base year,

Question 1 (12 pts): Using fiscal 2017 as the base year, compute trend percentages for fiscal years 2017, 2018, and 2019 for total net sales, total cost of sales, operating income, and net income. Question 2 (6 pts) : By referring your answers to question 1; a. Comment on if there is a clear increasing/decreasing trend for the specified items. b. If there is any trends, please specify the trends are compatible with each other or not (if trend percents go hand-in-hand for all items or diverge from each other). c. If the trend percents diverge from each other, what could be the possible reason of it

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