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Beaver Corp. reported the following revenues and net income amounts: (In millions) 2017 2016 2015 2014 Revenue $ 9,610 $ 9,355 $ 9,050 $ 8,950
Beaver Corp. reported the following revenues and net income amounts: (In millions) 2017 2016 2015 2014 Revenue $ 9,610 $ 9,355 $ 9,050 $ 8,950 Net Income 7,290 6,790 5,020 4,300 Requirements 1. Calculate Beaver's trend analysis for revenues and net income. Use 2014 as the base year, and round to the nearest percent. 2. Which measure increased faster during 2015-2017? Requirement 1. Calculate Beaver's trend analysis for revenues and net income. Use 2014 as the base year, and round to the nearest percent. Begin by calculating Beaver's trend analysis for revenues, then calculate Beaver's trend analysis for net income. 2017 2016 (In millions) Revenue Trend Percentages $ 9,610 102.72 % $ 2015 9,050 101.11% 9,355 103.37 % 2014 8,950 100%
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