Question
Suppose Wendell Inc. reported the following net sales and net income amounts: (Click the icon to view the net sales and net income amounts.) a.
Suppose Wendell Inc. reported the following net sales and net income amounts: (Click the icon to view the net sales and net income amounts.) a. Show Wendell Inc.'s trend percentages for net sales and net income. Use 2017 as the base year. b. Which measure increased faster between 2017 and 2020? a. Show Wendell Inc.'s trend percentages for net sales and net income. Use 2017 as the base year. (Round percentages to the nearest tenth percent, X.X%.) 2020 Net sales Net income 2019 2018 2017 % % % B=== % % % % % b. Which measure increased faster between 2017 and 2020? (Round percentages to the nearest tenth percent, X.X%.) increased faster than because the trend percentage for net income in 2020 is % and the trend percentage for net sales in 2020 is %. i Net sales and net income - (in thousands) 2020 2019 2018 2017 Net sales $ 287,000 $ 225,000 $ 216,000||$ 200,000 Net income 11,600 4,600 6,100 3,000 Print Done
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