Compute trend percentages for Bright Skies Realtors\' net revenue and net income

Question

Compute trend percentages for Bright Skies Realtors' net revenue and net income for the following five-year period (Click the icon to view net revenue and net income for the five years.) Which grew faster during the period, net revenue or net income? Enter trend percentage values for net revenue and net income in the table below. (Enter the results as a percentage.) 2017 2016 2015 2014 2013 Net revenue .. Net income Next indicate how net revenue and net income grew between 2013 and 2017. R ti ir gawie: g3.es w k % ciawirg the ind, gawiips iesal in % ice Axtis'l itwe:nen 3.

Explanation / Answer

a) Trend Percentage values for net revenue and net income

Trend percentage of each year is calculated by dividing the amount of each year by 2013 amount and multiplied by 100.

b) Net Income grew by 60% (160% - 100%) during the period and compared to 24% (124% - 100%) for total revenue.

Particulars 2017 2016 2015 2014 2013 Net Revenue 124% 112% 104% 92% 100% Net income 160% 140% 120% 80% 100%

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