{"id":202010,"date":"2025-03-17T06:05:35","date_gmt":"2025-03-17T06:05:35","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=202010"},"modified":"2025-03-17T06:05:37","modified_gmt":"2025-03-17T06:05:37","slug":"if-year-1-equals-750-year-2-equals-840-and-year-3-equals-900-the-percentage-to-be-assigned-for-year-3-in-a-trend-analysis-assuming-that-year-1-is-the-base-year","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2025\/03\/17\/if-year-1-equals-750-year-2-equals-840-and-year-3-equals-900-the-percentage-to-be-assigned-for-year-3-in-a-trend-analysis-assuming-that-year-1-is-the-base-year\/","title":{"rendered":"If Year 1 equals $750, Year 2 equals $840, and Year 3 equals $900, the percentage to be assigned for Year 3 in a trend analysis, assuming that Year 1 is the base year"},"content":{"rendered":"\n<p>If Year 1 equals $750, Year 2 equals $840, and Year 3 equals $900, the percentage to be assigned for Year 3 in a trend analysis, assuming that Year 1 is the base year, is<\/p>\n\n\n\n<p>a. 120%.<br>b. 112%.<br>c. 83%.<br>d. 107%.<\/p>\n\n\n\n<p><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-ast-global-color-6-color\"><strong>The correct answer and explanation is :<\/strong><\/mark><\/p>\n\n\n\n<p>To determine the percentage to be assigned for Year 3 in a trend analysis, assuming Year 1 as the base year, we use the following formula:<\/p>\n\n\n\n<p>[<br>\\text{Trend Percentage} = \\left(\\frac{\\text{Year Value}}{\\text{Base Year Value}}\\right) \\times 100<br>]<\/p>\n\n\n\n<p>Given:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Year 1 (Base Year) = <strong>$750<\/strong><\/li>\n\n\n\n<li>Year 3 = <strong>$900<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Applying the formula:<\/p>\n\n\n\n<p>[<br>\\text{Trend Percentage} = \\left(\\frac{900}{750}\\right) \\times 100<br>]<\/p>\n\n\n\n<p>[<br>= 1.2 \\times 100<br>]<\/p>\n\n\n\n<p>[<br>= 120\\%<br>]<\/p>\n\n\n\n<p>Thus, the correct answer is:<\/p>\n\n\n\n<p><strong>a. 120%<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Explanation:<\/h3>\n\n\n\n<p>Trend analysis is a financial tool used to compare financial data over time by expressing each year\u2019s value as a percentage of a base year. The base year is always set at <strong>100%<\/strong>, and all other years are measured relative to it.<\/p>\n\n\n\n<p>In this case, Year 1 is the base year, meaning it is assigned <strong>100%<\/strong>. For Year 3, we compare its value to the base year using the formula mentioned. The result, <strong>120%<\/strong>, indicates that the value in Year 3 has increased by <strong>20%<\/strong> from Year 1.<\/p>\n\n\n\n<p>This means the company\u2019s financial value (or revenue, cost, or other metric being analyzed) has grown <strong>by one-fifth (or 20%)<\/strong> from Year 1 to Year 3. Trend analysis helps in assessing growth patterns and making future projections.<\/p>\n\n\n\n<p>Thus, the correct answer remains <strong>120% (Option A)<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If Year 1 equals $750, Year 2 equals $840, and Year 3 equals $900, the percentage to be assigned for Year 3 in a trend analysis, assuming that Year 1 is the base year, is a. 120%.b. 112%.c. 83%.d. 107%. The correct answer and explanation is : To determine the percentage to be assigned for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-202010","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/202010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=202010"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/202010\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=202010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=202010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=202010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}