2023 ED 16 Computing trend analysis ED 16 Magic Oaks Realty s net revenue and net income for the following five | Assignments Online
2023 ED 16 Computing trend analysis ED 16 Magic Oaks Realty s net revenue and net income for the following five | Assignments Online
Assignments Online 2023 Business Finance
ED-16 Computing trend analysis
ED-16 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 |
2012 |
|
|
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?
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