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Splendid Oaks Realty's net revenue and net income for the following five-year period, using 2015 as the base year, follow EE (Click the icon to
Splendid Oaks Realty's net revenue and net income for the following five-year period, using 2015 as the base year, follow EE (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. 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 Splendid Oaks Realty's trend analysis for net revenue, then calculate Splendid Oaks Realty's trend analysis for net income 2019 2018 2017 2016 2015 Net Revenue Trend Percentages Net Income Trend Percentages Requirement 2. Which grew faster during the period, net revenue or net income? $ 1,314,000 $ 1,183,000 S 1,160,000 1,001,000 $1,036,000 100% $ 131,000 $ 116,000 $ 84,000 $ 74,000 $ 82,000 100% Vgrew at a faster rate 2019 2018 2017 2016 2015 Net Revenue $ 1,314,000 $ 1,183,000 $ 1,160,000 $ 1,001,000 $ 1,036,000 Net Income 31,000 116,000 84,000 74,000 82,000
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