Prepare a Trend Analysis of the Following Data,using Year 1

question 144

Essay

Prepare a trend analysis of the following data,using Year 1 as the base year.Place your answers in the chart provided.Comment on the trend.
$$\begin{array} {| l r r r |} \hline& \text { Year 3 } & \text { Year 2 } & \text { Year 1 } \\\text { Net sales } & \mathbf { 3 2 4 , 0 0 0 } & \mathbf { \$ 3 0 , 0 0 0 } & \mathbf { 3 0 0 , 0 0 0 } \\\text { Net incame } & 33,000 & 31,800 & 30,000\\\hline\end{array}$$
$$\begin{array} { | l | c | c | c | } \hline & \text { Year 3 } & \text { Year 2 } & \text { Year 1 } \\\text { Net sales }\\\text { Net income } & & & \\\hline\end{array}$$

---

Definitions:

Loft

An upper room or floor in a building, typically under the roof, used for storage or accommodation.

Tenants

Individuals or entities who rent property from a landlord for residential or commercial use, under the terms of a lease agreement.

Lease Term

The duration period stipulated within a lease agreement during which the lessee has the right to occupy and use the leased property.

Constructive Eviction

A situation where a landlord's actions or inactions make a property uninhabitable, effectively forcing a tenant to leave.