To calculate trend percents:
A) Select a base period and assign each item for the base period statement a weight of 100%.
B) Express financial numbers from other periods as a percent of the related base period number.
C) Subtract the analysis period number from the base period number.
D) Select a base period and assign each item for the base period statement a weight of 100% and express financial numbers from other periods as a percent of the related base period number.
E) All of these answers are correct.

Question

Quizplus · Accepted Answer

Trend percents involve selecting a base period, assigning it a weight of 100%, and expressing financial numbers from other periods as a percent of the base period number.

To Calculate Trend Percents