For the Following Financial Statement Items, Calculate Trend Percentages Using

question 67

Essay

For the following financial statement items, calculate trend percentages using 2016 as the base year:
$\begin{array}{|l|c|c|c|c|c|}\hline \text { Sales. } & |\$ 1,195,400| & |\$ 1,118,000| & |\$ 1,049,000| & \$ 963,200 & \$ 860,000 \\\hline \text { Cost of sales................ } & 752,400 & 704,000 & 671,000 & 616,700 & 559,000 \\\hline \text { Gross profit } & \$ 443,000 & \$ 414,000 & \$ 378,000 &\$346,500 &\$301,000 \\\hline\end{array}$

---

Definitions:

Interviewee

The person who is being interviewed.

Audio Recordings

Digital or analog created recordings of sound, often used as evidence in court or for personal and professional documentation.

Background Noise

Ambient sound that is present in a scene or environment but is not the focus of attention.

Court

A governmental institution authorized to hear and decide legal disputes and administer justice within its jurisdiction.