In a Trend Analysis, an Index Number of 139 for 2009

question 121

Multiple Choice

In a trend analysis, an index number of 139 for 2009 sales indicates that

• A) sales for 2009 were 139 percent higher than sales for the same company in the base year.
• B) sales for 2009 for this company were 139 percent of the sales figure of another company being used in the comparison.
• C) sales for 2009 were 139 percent of the sales for the same company in the base year.
• D) actual sales for 2009 exceeded budgeted sales for 2009 by 39 percent.