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Oaks Realty's net revenue and net income for the following five-year period, using 2015 as the baseyear. Requirement 1. Compute a trend analysis for net
Oaks Realty's net revenue and net income for the following five-year period, using 2015
as the baseyear.
Requirement 1. Compute a trend analysis for net revenue and net income. Round to the nearest full percent.
Begin by calculating MagnificentOaks Realty's trend analysis for net revenue, then calculate MagnificentOaks Realty's trend analysis for net income.
2019 | 2018 | 2017 | 2016 | 2015 | |||||
Net Revenue | $1,370,000 | $1,181,000 | $1,146,000 | $1,011,000 | $1,047,000 | ||||
Trend Percentages | % | % | % | % |
Part 2
2019 | 2018 | 2017 | 2016 | 2015 | |||||
Net Income | $130,000 | $118,000 | $83,000 | $79,000 | $81,000 | ||||
Trend Percentages | % | % | % | % |
Part 3
Requirement 2. Which grew faster during the period, net revenue or net income?
____________ grew at a faster rate.
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