Solved: Explain respective sales percentages in a trend analysis, Finance Basics

+44 141 628 6080
[email protected]

Explain respective sales percentages in a trend analysis

The Gooding's Corporation reported sales of $80,000 in 2012, $96,000 in 2013, and $112,000 in 2014. In a trend analysis for these years, where 2012 is used as the base year, the respective sales percentages would be:

100%; 120%; 137%
100%; 120%; 117%
100%; 120%; 140%
80%; 96%; 112%.

Solution Preview :

Prepared by a verified Expert

Finance Basics: Explain respective sales percentages in a trend analysis

Reference No:- TGS0672619

Now Priced at $5 (50% Discount)

Recommended (97%)

Rated (4.9/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Finance Basics

Q : Calculate the cost of the ending inventory using the fifo

Two Wheels operates on a fiscal year beginning January 1. At the beginning of the year, the shop had 6 bicycles @$394 each (opening inventory).

Q : What is the percentage change in the price

A bond trader purchased each of the following bonds at a yield to maturity of 8%. Immediately after she purchased the bonds, interest rates fell to 7%.

Q : Compute length of the firm cash conversion cycle

Negus Enterprises has an inventory conversion period of 50 days, an average collection period of 35 days, and payables deferral period of 25 days. Assume that costs of goods sold is 80% of it's sales. What is the length of the firm's cash conversi

Q : Prepare sams income-tax return

Sam's family health insurance costs $6000 a year. HIs employer pays 75% of this cost. His co payments came to $200 this year. He got newer glasses for $250.

Q : Explain respective sales percentages in a trend analysis

In a trend analysis for these years, where 2012 is used as the base year, the respective sales percentages would be:

Q : Problem related to character creation

Character creation can be as varied as the many genres of literature that you have explored. Many characters are created by observing real people and adding other special qualities.

Q : Question-market value ratios

Tina's Track Supply's market-to-book ratio is currently 4.5 times and PE ratio is 10.5 times. If Tina's Track Supply's common stock is currently selling at $100 per share, what is the book value per share and earnings per share?

Q : Determine cost of the preferred stock

Kim is raising funds for her company by selling preferred stock. The preferred stock has a par value of $83 and a dividend rate of 8.9%. The stock is selling for $51.93 in the market. What is the cost of the preferred stock?

Q : Which transactions will not cause change in current ratio

A company has a current ratio of 2:1 at December 31, 2014. Which of the following transactions will not cause a change in the current ratio?

1926439

Questions
Asked

3,689

Active Tutors

1454366

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Solution Preview :

Prepared by a verified Expert

Finance Basics: Explain respective sales percentages in a trend analysis

Reference No:- TGS0672619

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Calculate the cost of the ending inventory using the fifo

Q : What is the percentage change in the price

Q : Compute length of the firm cash conversion cycle

Q : Prepare sams income-tax return

Q : Explain respective sales percentages in a trend analysis

Q : Problem related to character creation

Q : Question-market value ratios

Q : Determine cost of the preferred stock

Q : Which transactions will not cause change in current ratio

How reflecting on a nursing theory can help

What potential capability of system to meet specifications

What if patient with hypertension is prescribed amlodipine

Argument resolving internal feuding in physicians-nurses

Boy was admitted for a spinal tumor causing torticollis

Patient complaints of fever, chills, malaise, and a cough

Purpose of an effective safety management programme

Solution Preview :

Prepared by a verified Expert

Finance Basics: Explain respective sales percentages in a trend analysis

Reference No:- TGS0672619

Recent Questions Asked Finance Basics

Q : Calculate the cost of the ending inventory using the fifo

Q : What is the percentage change in the price

Q : Compute length of the firm cash conversion cycle

Q : Prepare sams income-tax return

Q : Explain respective sales percentages in a trend analysis

Q : Problem related to character creation

Q : Question-market value ratios

Q : Determine cost of the preferred stock

Q : Which transactions will not cause change in current ratio

Asked Questions