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ED-16 Computing trend analysis Grand Oaks Realty's net revenue and net income for the following five-year period, using 2013 as the base year, follow 2017

ED-16 Computing trend analysis

Grand Oaks Realty's net revenue and net income for the following five-year period, using 2013 as the base year, follow"

2017 2016 2015 2014 2013
Net Revenue $1,315,000 $1,188,000 $1,160,000 $1,011,000 $1,038,000
Net Income 126,000 115,000 82,000 77,000 76,000

Requirements:

1. Compute a trend analysis for net revenue and net income. Round to the nearest full percent.

2. Which grew faster during the period, net revenue or net income?

*hint: 2017 Net Income 166%

Please list the step by step process, thank you

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