For the Following Items,calculate Trend Percentages Using 2018 as the Base

question 193

Essay

For the following items,calculate trend percentages using 2018 as the base year.(round to nearest percentage):
Azuno Co.
Compar ative Income Statement
For the Years Ended December 31,
$\begin{array}{|l|r|r|r|r|r|}\hline & \mathbf{2 0 2 2} & \mathbf{2 0 2 1} & \mathbf{2 0 2 0} & \mathbf{2 0 1 9} & \mathbf{2 0 1 8} \\\hline \text { Sales } & \$ 1,495,000 & \$ 1,234,700 & \$ 1,267,500 & \$ 999,500 & \$ 982,350 \\\hline \text { Cost of goods sold } & 556,000 & 580,000 & 450,000 & 402,000 & 329,000 \\\hline \text { Gross profit } & \$ 939,000 & \$ 654,700 & \$ 817,000 & \$ 597,500 & \$ 653,350 \\\hline\end{array}$

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Definitions:

Bipedalism

The ability to walk upright on two legs, characteristic of humans and their ancestors.

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Free Hands

The freedom or capacity to act or operate without constraint or interference.

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The clarity of vision or the sharpness of eyesight, measured as the ability to discern letters or numbers at a standardized distance.