S 13 -2 (L earn i ng Obj ec tiv e 1: P er f or m t rend analys i s o f sales and ne t i nco m e ) Wi
S13-2 (Learning Objective 1: Perform trend analysis of sales and net income) 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
Show Witkum’s trend percentages for sales and net income. Use 2009 as the base year.