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Magic Oaks Realtys net revenue and net income for the following five-year period using 2012 as the base year, follow: 2016 2015 2014 2013 2012
Magic Oaks Realtys net revenue and net income for the following five-year period using 2012 as the base year, follow:
2016 2015 2014 2013 2012
Net Revenue $ 1,310,000 $ 1,187,000 $ 1,110,000 $ 1,011,000 $ 1,045,000
Net Income 122,000 113,000 84,000 72,000 83,000
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1. Compute 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?
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