ED-16 Computing trend analysis
1. 2015 Net Income 136%
Magic Oaks Realty's net revenue and net income for the following five-year
period, using 2012 as the base year, follow:
2016 2015 2014 2013 2,012
Net Revenue 1,310,000 1,187,000 1,110,000 1,011,000 1,045,000
Net Income 122,000 113,000 84,000 72,000 83,000
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?
1) Trend analysis for net revenue Year ... View the full answer
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Year Net revenue Net Income Increment/(decrease) from base year net revenue Increment/(decrease) from base year net income... View the full answer