The trend analysis report of Doppler Inc.is given below:
-Which of the following is a correct conclusion from the above analysis?
A)Net income for the year 2016 is 151% of that for the year 2013.
B)Net income for the year 2016 is 151% of previous year.
C)Net income for the year 2016 decreased by 151% from 2015.
D)Net income for the year 2017 increased by 163% from 2016.

Question

The trend analysis report of Doppler Inc.is given below:  
-Which of the following is a correct conclusion from the above analysis?
A)Net income for the year 2016 is 151% of that for the year 2013. 
B)Net income for the year 2016 is 151% of previous year. 
C)Net income for the year 2016 decreased by 151% from 2015. 
D)Net income for the year 2017 increased by 163% from 2016.

Quizplus · Accepted Answer

According to the trend analysis report, the net income for the year 2016 is 151% of that for the year 2013, which means that there has been a significant increase in net income over the years. Option A correctly states this conclusion. Option B is incorrect because it states that the net income for the year 2016 is 151% of the previous year, which is not given in the report. Option C is incorrect because it states that there has been a decrease in net income for the year 2016 from 2015, which is not given in the report. Option D is incorrect because it talks about the increase in net income for the year 2017, which is not mentioned in the trend analysis report.

The Trend Analysis Report of Doppler Inc