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:

Labor Demand

The total amount of workers that employers are willing and able to hire at a given wage rate in a certain period.

United States

A country located in North America, known for its significant impact on global finance, culture, technology, and politics.

Backflow

The undesirable reversal of the flow of water or mixtures of water and other undesirable substances into the distribution pipes of the potable water supply from any source or sources.

Migrants

Individuals or groups who move from one region or country to another, often for reasons such as employment, education, or to escape conflict.