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Question 2 Compute trend percentages for Flash Corporation total revenue and net income for the following five-year period, using year 0 as the base year.
Question 2
Compute trend percentages for Flash Corporation total revenue and net income for the following five-year period, using year 0 as the base year. Round to the nearest full percent.
(in thousands) | Year 4 | Year 3 | Year 2 | Year 1 | Year 0 |
Total revenue | $1,418 | $1,287 | $1,106 | $1,009 | $1,043 |
Net income | 125 | 104 | 93 | 81 | 85 |
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