Magic Oaks Realty's net revenue and net income for the following five-year period, using 2010 as the
Question:
Magic Oaks Realty's net revenue and net income for the following five-year period, using 2010 as the base year, follow:
Requirements
1. Compute trend analysis for net revenue and net income. Round to the nearest full percent.
2. Which grew faster during the period, net revenue or netincome?
Transcribed Image Text:
2013 2011 2014 2010 2012 $1,310,000 $1,187,000 $1,110,000 $1,011,000 $1,045,000 84,000 Net revenuc 122,000 83,000 Net income 72,000
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Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
Question Posted:
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