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Oak Realty's net revenue and net income for a 5 year periodusing 2012 as the base year is as follows: 2016 2015 2014 2013 2012
Oak Realty's net revenue and net income for a 5 year periodusing 2012 as the base year is as follows:
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.
1. Compute trend analysis for net revenue and net income. Round to the nearest full percent. (2015 net income 136%)
2. Which grew faster during the period: net revenue or net income?
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