The Trend Analysis Report of Doppler Ltd Is Given Below

question 34

Multiple Choice

The trend analysis report of Doppler Ltd is given below:
$$\begin{array} { | l | l | l | l | l | l | } \hline \text { (in millions) } & 2020 & 2019 & 2018 & 2017 & 2016 \\\hline \text { Profit } & \$ 680 & \$ 604 & \$ 458 & \$ 407 & \$ 399 \\\hline \text { Trend percentages } & 170 & 151 & 115 & 102 & 100 \\\hline\end{array}$$
Which of the following is a correct conclusion from the above analysis?

• A) Profit for the year 2019 decreased by 151% from 2018.
• B) Profit for the year 2020 is 170% of that for the year 2016.
• C) Profit for the year 2019 is 151% of the previous year.
• D) Profit for the year 2020 increased by 170% from 2019.

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