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Cdeakle Cdeakle
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6 years ago
The trend analysis report of Doppler, Inc. is given below (in millions):

20182017201620152014
Net income$670$603$458$405$398
Trend percentages168%152%115%102%100%

Which of the following is a correct conclusion from the above analysis?
A) Net income for 2018 is 168% of that for 2014.
B) Net income for 2017 is 152% of the previous year.
C) Net income for 2017 decreased by 152% from 2016.
D) Net income for 2018 increased by 168% from 2017.
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
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wrote...
6 years ago
 A
Cdeakle Author
wrote...
6 years ago
Commenting just to show my support for informative posts like this, keep it up 10/10
wrote...
6 years ago
That helps more than you thinks, thanks for being so thoughtful
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