Answer:
(D) An item from any year divided by the same item from a base year, multiplied by 100
Step-by-step explanation:
To calculate the trend percentate you take the balance sheet of two or more years. Then you will assing the older as a base.
You will start dividing the balance of the other years for the base year and multiply by 100 so it is convert to %
for example if Account Receivable is Y1 5,000 Y2 8,000 and Y3 7,000
you will do:
8000/5000 x 100 = 160%
and
7000/5000 x 100 = 140%