Hooser Corp. reported the following revenues and net income amounts: Click the i

Question

Hooser Corp. reported the following revenues and net income amounts: Click the icon to view the amounts.) Read the requirements. Requirement 1. Calculate Hooser's trend analysis for revenues and net income. Use 2016 as the base year, and round to the nearest percent Begin by calculating Hooser's trend analysis for revenues, then calculate Hooser's trend analysis for net income. (In millions) Revenue Trend Percentages 2019 2018 2017 2016 Data Table $ 9,575 9,300 8,975 $8,975 8,475 100% 2019 2016 (In millions) Revenue Net Income 2018 2017 S 9,5759,300 8,975 8,475 7.150 6,660 4,980 4,290 PrintDone

Explanation / Answer

Calculate trend percentage ;

2019 2018 2017 2016 Revenue 9575 9300 8975 8475 Trend percentage 113% 110% 106% 100% Net income 7150 6660 4980 4290 Trend percentage 167% 155% 116% 100%

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