Magnificent Oaks Realty\'s net revenue and net income for the following five-yea

Question

Magnificent Oaks Realty's net revenue and net income for the following five-year period, using 2013 as the base year, follow: (Click the icon to view net revenue and net income for the five years.) Requirements 1. Compute trend analysis for net revenue and net income. Round to the nearest full percent. 2. Which grew faster during the period, net revenue or net income? Requirement 1. Compute trend analysis for net revenue and net income. Round to the nearest full percent. Begin by calculating Magnificent Oaks Realty's trend analysis for net revenue, then calculate Magnificent Oaks Realty's trend analysis for net income 2017 2016 2015 2014 2013 Net Revenue $ 1,380,000 1,181,000 1,143,000 1,002,000 $1,043,000 Trend Percentages 100%

Explanation / Answer

2017 2016 2015 2014 2013 Net revenue 1380000 1181000 1143000 1002000 1043000 Trend percentage 132% 113% 110% 96% 100% 2017 2016 2015 2014 2013 Net income 123000 111000 88000 76000 79000 Trend percentage 156% 141% 111% 96% 100% 2 Net income grew faster

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