Please Refer to the Following Trend Analysis of Pathways Company

question 30

Multiple Choice

Please refer to the following trend analysis of Pathways Company: Which of the following is a correct conclusion from the above analysis?

• A)Net sales in 2013 were equal to 90.5% of year 2012 net sales.
• B)Net sales in 2013 were up 90.5% over the previous year.
• C)Net sales in 2013 were equal to 90.5% of 2010 net sales.
• D)Net sales in 2013 were down 90.5% from year 2010.

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Definitions:

Investment

The allocation of resources, such as capital, time, or effort, in expectation of generating future profit or income.

Gross Investment

The total amount spent on purchasing new capital and replacing depreciated capital.

Percentage Change

Percentage Change represents the degree to which a value has increased or decreased, expressed as a percentage from its initial value.

Gross Investment

The total amount invested in the production capacity of an economy, including investments in both fixed assets and stocks.