Question
HollbrookHollbrook Corp. reported the following revenues and net income amounts: ( In millions) 2017 2016 2015 2014 Revenue $9,890 $9,690 $9,135 $8,835 Net Income 7,450
HollbrookHollbrook
Corp. reported the following revenues and net income amounts:
| ( In millions) | 2017 |
| 2016 |
| 2015 |
| 2014 |
| Revenue | $9,890 |
| $9,690 |
| $9,135 |
| $8,835 |
| Net Income | 7,450 |
| 7,290 |
| 5,340 |
| 4,675 |
Requirements
| 1. | Calculate Hollbrook trend analysis for revenues and net income. Use2014 as the base year, and round to the nearest percent. |
| 2. | Which measure increased faster during 2015 long dash2017? |
Requirement 1. Calculate
Hollbrook
trend analysis for revenues and net income. Use
2014
as the base year, and round to the nearest percent.Begin by calculating
Hollbrook's
trend analysis for revenues, then calculate
Hollbrook's
trend analysis for net income.
| (In millions) | 2017 |
| 2016 |
| 2015 |
| 2014 |
| Revenue | $9,890 |
| $9,690 |
| $9,135 |
| $8,835 |
| Trend Percentages |
| % |
| % | % | 100% |
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International Corporate Finance
Authors: Mark R. Eaker, Frank J. Fabozzi, Dwight Grant
1st Edition
0030693063, 9780030693069
