Below are net sales and net income data for a five-year period.

Requirements
1. Compute trend percentages for net sales and net income for the five-year period, using year 1 as the base year.
2. Which grew faster during the period, net sales or netincome?

Transcribed Image Text:

Year 1 $2,596 $2,354 $2,288 $2,156 $2,200 650 Year 5 Year 4 Year 3 Year 2 Net Sales. Net Income. 676 650 637