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Business, 03.12.2021 17:00 pam93

The following items were taken from the financial statements of Kramer Manufacturing, Inc., over a three-year period: Item 2018 2017 2016 Net Sales $226,000 $212,000 $200,000 Cost of Goods Sold 150,000 140,000 125,000 Gross Profit $ 76,000 $ 72,000 $ 75,000 Using horizontal analysis and 2016 as the base year, compute the trend percentages for net sales, cost of goods sold, and gross profit. (Round answers to 0 decimal places, e. g. 111%.)

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