Problemwitkum inc reported the following sales and net, Ask an Expert

Accounting

Problem:

Witkum, Inc., reported the following sales and net income amounts:

(In thousands)	2012	2011	2010	2009
Sales	$9,960	$9,260	$8,790	$8,590
Net income	670	500	480	445

Required:

Question: Show Witkum's trend percentages for sales and net income. Use 2009 as the base year

Note: Explain all calculation and formulas.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91164185

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