Use the Following Selected Information from Farris, LLC to Determine

question 80

Multiple Choice

Use the following selected information from Farris, LLC to determine the Year 2 and Year 1 trend percents for net sales using Year 1 as the base.

• A) 36.4% for Year 2 and 41.1% for Year 1.
• B) 55.0% for Year 2 and 56.0% for Year 1.
• C) 119.4% for Year 2 and 100.0% for Year 1.
• D) 117.2% for Year 2 and 100.0% for Year 1.
• E) 65.1% for Year 2 and 64.6% for Year 1.

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Definitions:

Ford Manufacturing

The production processes and strategies used by the Ford Motor Company, known for innovations like the assembly line which revolutionized mass production.

Exit Strategy

A planned approach to exiting a business venture, typically to realize a profit or limit losses.

Fast-growth Businesses

Companies that experience significantly higher than average rates of growth in revenue, size, or market share over a short period.

Outside Investors

Individuals or entities that invest capital into a business or project in which they do not have an active management role.