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Below are net sales and net income data for a five-year period. (Click the icon to view net sales and net income data.) Requirements 1.
Below are net sales and net income data for a five-year period. (Click the icon to view net sales and net income data.) Requirements 1. Compute trend percentages for net sales and net income for the five-year period, using year 1 as the base year. Round to the nearest percent 2. Which grew faster during the period: net sales or net income? Requirement 1, Compute trend percentages for net sales and net income for the five-year period, using year 1 as the base year. (Round to the nearest whole percent, X%.) Year 3 Year 2 Year 5 123 106 Year 4 115 105 Year 1 100 100 106 Net sales Net income Requirement 2. Which grew faster during the period: net sales or net income? Enter amounts to the nearest whole percent. X% Net income grew by Net sales rfaster during the period. 97 | % during the period, compared to 1 123 % for net sales. O Data Table Year 5 Year 4 Year 3 Year 2 Year 1 Net sales $ 332,100 $ 310,500 $ 286,200 $ 267,300 S 270,000 Net income 71,020 70,350 66,330 64,990 67,000 Choose from any list or enter any number in the input fields and then click Check Answer, Print Done
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