Question
Compute trend percentages for Palm 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 Palm 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 2020? Enter trend percentage values for net sales and net income in the table below: (Round all answers to one decimal place.) Net sales Net income 2020 2019 2018 2017 2016 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 2020? (Round numeric answers to one decimal place.) Net income grew by percent during the period, compared to percent for net sales. Therefore, during the period. Enter any number in the edit fields and then com Data Table (in thousands) 2020 2019 2018 2017 2016 Net sales $1,775 $1,500 $1,380 $1,200 $1,310 Net income 155 149 114 92 123 Print Done
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