E12-28B. (Learning Objective 1: Computing trend percentages) Compute trend percentages for Andover Valley Sales & Service’s total revenue and net income for the following five-year period, using year 0 as the base year. Round to the nearest full percent.

Which company appears to have the strongest financial position? Explain your reasoning.

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(In thousands) Year 4 Year 3 Year 2 Year 1 Year 0 Total revenue.... 1,465 1,279 1,091 1,030 1,045 Net income 116 108 78 66 80