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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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