Question
Realty's net revenue and net income for the following five-year period, using 2015 as the base year, follow: LOADING...(Click the icon to view net revenue
Realty's net revenue and net income for the following five-year period, using 2015 as the base year, follow: LOADING...(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 Magic Oaks Realty's trend analysis for net revenue, then calculate Magic Oaks Realty's trend analysis for net income. 2019 2018 2017 2016 2015 Net Revenue $1,315,000 $1,184,000 $1,148,000 $1,007,000 $1,045,000 Trend Percentages % % % % 100%
2019
2018
2017
2016
2015
Net Revenue
$1,315,000
$1,184,000
$1,148,000
$1,007,000
$1,045,000
Net Income
131,000
110,000
85,000
73,000
80,000
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