In trend analysis, of what amount is each item expressed as a percentage?
A) Net income
B) Average total assets
C) Sales revenue
D) A base year amount

Name: In trend analysis, of what amount is each item expressed as a percentage? A) Net income B) Average total assets C) Sales revenue D) A base year amount
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

In trend analysis, each item is expressed as a percentage of a base year amount. This allows for the comparison of financial data over multiple periods to identify trends and patterns.

In Trend Analysis, of What Amount Is Each Item Expressed