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Midnight Oaks Realty's net revenue and net income for the following five-year period, using 2015 as the base year, follow: (Click the icon to view
Midnight Oaks Realty's net revenue and net income for the following five-year period, using 2015 as the base year, follow: (Click the icon to view net revenue and net income for the five years.) 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? ... Requirement 1. Compute a trend analysis for net revenue and net income. Round to the nearest full percent. Begin by calculating Midnight Oaks Realty's trend analysis for net revenue, then calculate Midnight Oaks Realty's trend analysis for net income. 2019 2018 2017 2016 2015 Net Revenue $ 1,314,000 $ 1,183,000 $ 1,143,000 $ 1,001,000 $1,046,000 Trend Percentages % % % % 100% 2019 2018 2017 2016 2015 Net Income $ 123,000 $ 118,000 $ 82,000 $ 76,000 $ 79,000 Percentages % % % % 100% Requirement 2. Which grew faster during the period, net revenue or net income? grew at a faster rate. - Net Revenue and Net Income 2019 2018 2017 2016 2015 Net Revenue $ 1,314,000 $ 1,183,000 $ 1,143,000 $ 1,001,000 $ 1,046,000 Net Income 123,000 118,000 82,000 76,000 79,000 Print Done
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