The Trend Analysis Report of Doppler,Inc Which of the Following Is a Correct Conclusion from the \begin{array}

question 31

Multiple Choice

The trend analysis report of Doppler,Inc.is given below (in millions) : $$\begin{array} { | l | r | r | r | r | r | } \hline & 2018 & 2017 & 2016 & 2015 & 2014 \\\hline \text { Net income } & \$ 700 & \$ 607 & \$ 456 & \$ 403 & \$ 401 \\\hline \text { Trend percentages } & 175 \% & 151 \% & 114 \% & 100 \% & 100 \% \\\hline\end{array}$$ Which of the following is a correct conclusion from the above analysis?

• A)Net income for 2018 is 175% of that for 2014.
• B)Net income for 2017 is 151% of the previous year.
• C)Net income for 2017 decreased by 151% from 2016.
• D)Net income for 2018 increased by 175% from 2017.

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Definitions:

Accommodation Surety

is a guarantor who agrees to be responsible for another's debt or obligation as a favor, without receiving any benefit.

Compensated Surety

A compensated surety refers to a person or entity that is paid to guarantee the performance of an obligation by another party.

Difference

The result or discrepancy when comparing two or more entities, indicating distinction or variation between them.

Security Interest

A legal claim or right granted over an asset to secure the performance of an obligation, typically the repayment of a loan.