If Year 1 Sales Equal $780, Year 2 Sales Equal

question 2

Multiple Choice

If Year 1 sales equal $780, Year 2 sales equal $819, and Year 3 sales equal $896, the percentage to be assigned for Year 2 in a trend analysis, assuming that Year 1 is the base year, is

• A)95%.
• B)115%.
• C)105%.
• D)109%.

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Definitions:

Put Option

A put option is a financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified period.

Call Option

An agreement that gives an investor the right, but not the obligation, to buy a stock, bond, commodity, or other instrument at a specified price within a specific time period.

Stock Price

The cost of purchasing a share of a company, which can fluctuate based on market conditions and company performance.

Strike Price

The price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying security or commodity.