ED-16 Computing trend analysis
accounting teacher (Not rated)
(Not rated)
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?
10 years ago
ED-16 Computing trend analysis
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ed-16_magic_oaks.xlsx
