Nekich Company reports the following sales figures(in millions):
Year Net Sales
2013 $103
2014 $106
2015 $109
2016 $111
2017 $115
2018 $98
What is the trend percentage in 2018 if 2013 is the base year? (Round your final answer to the nearest whole percentage, X%)
A) 92%
B) 88%
C) 85%
D) 95%
D
Explanation: D) (98 ÷ 103 ) × 100 = 95%
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