In a Trend Analysis,an Index Number of 139 for 2013

question 75

Multiple Choice

In a trend analysis,an index number of 139 for 2013 sales indicates that

• A) sales for 2013 were 139 percent higher than sales for the same company in the base year.
• B) sales for 2013 were 139 percent of the sales for the same company in the base year.
• C) actual sales for 2013 exceeded budgeted sales for 2013 by 39 percent.
• D) sales for 2013 for this company were 139 percent of the sales figure of another company being used in the comparison.

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Definitions:

Venture Capitalists

Individuals who fund startup businesses and small enterprises believed to have potential for long-term expansion, in return for a share of ownership.

General Public

Refers to the aggregate of individuals in society who are not actively involved in the planning or execution of business, governmental, or professional activities.

Economic Growth

An increase in the production of goods and services in an economy over a certain period, indicating the health of the country's economy.

Interest Rates

The cost of borrowing money expressed as a percentage of the total amount loaned, or the reward for saving and lending money.