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Question
What is the procedure for calculating trend percentage?
Options
Trend Percentage = `"Present value"/"Base year value" xx 100`
Trend Percentage = `"Base year value"/"Present year value" xx 100`
Trend Percentage = `"Future value"/"Base year value" xx 100`
None of these
MCQ
Solution
Trend Percentage = `"Present value"/"Base year value" xx 100`
shaalaa.com
Tools of Analysis of Financial Statements
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