Question
Compute trend percentages for Cedar Inc.'s net sales and net income for the following five-year period, using 2016 as the base year. (Click the icon
Compute trend percentages for Cedar Inc.'s net sales and net income for the following five-year period, using 2016 as the base year. (Click the icon to view net sales and net income for the five years.) Which measure grew more during the period, net sales or net income? By what percentage did net sales and net income grow from 2016 to 20201 Enter trend percentage values for net sales and net income in the table below: (Round all answers to one decimal place.) Note 2020 2019 2018 2017 2010 Which measure grew more during the period, net sales or net income? By what percentage did net sales and net income grow from 2018 to 2020? (Round numeric anewers to one decimal place) Net income grew by percent during the period, compared to percent for net sales. Therefore, Data Table during the period. thousands 2020 2019 2018 2017 2016 Net sales $1,025 $1,415 $1.345 $1,200 $1,320 income 155 140 118 66 119 Print Done
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