Question
The trend analysis report of Poplar, Inc. is given below (in millions): 2019 2018 2017 2016 2015 Net income $700 $606 $470 $405 $402 Trend
The trend analysis report of Poplar, Inc. is given below (in millions):
| 2019 | 2018 | 2017 | 2016 | 2015 | |
| Net income | $700 | $606 | $470 | $405 | $402 |
| Trend percentages | 174% | 151% | 117% | 101% | 100% |
Which of the following is a correct conclusion from the above analysis?
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Advanced Accounting
Authors: Debra C. Jeter, Paul Chaney
2nd Edition
0471218529, 978-0471218524
