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Grand Oaks Realty's net revenue and net income for the following five-year period, using 2013 as the base year, follow; Requirements: Compute a trend analysis
Grand Oaks Realty's net revenue and net income for the following five-year period, using 2013 as the base year, follow;
Requirements:
Compute a trend analysis for net revenue and net income. Round to the nearest full percent,
Which grew faster during the period, net revenue or net income?
Net Revenue Net Income 2017 $ 1,315,000 126,000 2016 $1,188,000 115,000 2015 $ 1,160,000 82,000 2014 $ 1,011,000 77,000 2013 $ 1,038,000 76,000
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