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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.

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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. 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 5 Year 4 Year 3 Year 2 Year 1 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%.) % for net sales. Net income grew by % during the period, compared to grew faster during the period. CO i Data Table Year 5 Year 4 Year 3 Year 2 Year 1 Net sales. $ 302,400 $ 296,800 $ 291,200 $ 288,400 $ 280,000 Net income ..... 81,070 77,050 69,680 67,670 67,000 Print Done

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