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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...

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

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?

Top Answer

1) Trend analysis for net revenue Year   ... View the full answer

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Other Answers

Year Net revenue Net Income Increment/(decrease) from base year net revenue Increment/(decrease) from base year net income... View the full answer

Trend analysis: Revenue 2013 Decreased 3% from 2012 2014 Increased 10% from 2013 2015 Increased 7% from 2014 2016 Increased... View the full answer

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