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Requirement 1. Calculate trend percentages for Palm Valley Sales & Service's total revenue and net income for the five-year period, using year 0 as the

Requirement

1.

Calculate trend percentages for

Palm

Valley Sales & Service's total revenue and net income for the five-year period, using year 0 as the base year. Round to the nearest full percent. Which grew faster during the period, total revenue or net income?

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Part 1

Calculate trend percentages for

Palm

Valley Sales & Service's total revenue and net income for the five-year period, using year 0 as the base year. Round to the nearest full percent. (Do not enter the % symbols in any of the input fields.)

Year 4

Year 3

Year 2

Year 1

Year 0

Total revenue

%

%

%

%

%

Net income

%

%

%

%

%

data table

(In thousands)

Year 4

Year 3

Year 2

Year 1

Year 0

Total revenue

$11,601

$1,516

$1,389

$1,216

$1,092

Net income

201

189

175

156

144

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