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Evaluating the data for each line and table from the image below What do you observe in the linear trends (i.e., are values increasing or

Evaluating the data for each line and table from the image below

  1. What do you observe in the linear trends (i.e., are values increasing or decreasing)?
  2. What are the trends on a common-size basis?
  3. What would be your next steps in completing a thorough analysis of the trends?

image text in transcribed
Income 2019 2018 2017 2016 Statement Revenue 67,161 64,661 63,525 62,799 Gross Profit 37,029 29,381 28,796 28,222 Net income 7,314 12,515 4,857 6,329 Balance 2019 2018 2017 2016 Sheet Share 3,338 3,128 2,947 2,720 Holder Equity Total 63,679 63,046 68,823 62,291 Liabilities Total Assets 78,547 77,648 79,804 73,490

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