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

question 56

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.
$$\begin{array} { | l r r r | } \hline & \text { Year 3 } & { \text { Year 2 } } & { \text { Year 1 } } \\\text { Net sales } & \$ 324,000 & \$ 330,000 & \$ 300,000 \\\text { Net income } & 33,000 & 31,800 & 30,000 \\\hline\end{array}$$
$$\begin{array} { |l | l | l | l |} \hline& \text { Year 3 } & \text { Year 2 } & \text { Year 1 } \\ \text { Net sales } \\\text { Net income } & & & \\\hline\end{array}$$

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