Magic Oaks Realty_ trend analysis

Computing trend analysis

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?