Find trend percentages (Learning Objective 2) Micatin reported the following revenues and net income amounts: a. Show

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Find trend percentages (Learning Objective 2)
Micatin reported the following revenues and net income amounts:

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a. Show Micatin’s trend percentages for revenues and net income. Use 2003 as the base year and round to the nearest percent.

b. Which measure increased faster during 2004-2006?

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Managerial Accounting

ISBN: 9780138129712

1st Edition

Authors: Linda Smith Bamber, Karen Wilken Braun, Jr. Harrison, Walter T.

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Question Posted: Jun 07, 2024 01:13 AM

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Find trend percentages (Learning Objective 2) Micatin reported the following revenues and net income amounts: a. Show

Question:

(in millions) 2006 2005 2004 2003 Revenues. $9,993 $9,489 $8,995 $8,777 Net income.. 634 590 579 451

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Managerial Accounting

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