Air Canada reported the following net sales and net income amounts: 1. Show Air Canadas trend percentages
Question:
Air Canada reported the following net sales and net income amounts:
1. Show Air Canada’s trend percentages for net sales and net income. Use 2014 as the base year. Round the results to the nearest full percent.
2. Which measure increased at a higher rate in this period?
Transcribed Image Text:
(in millions) 2016 2015 2014 Net sales $14,667 $13,868 $13,272 Net income 876 303 100
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Related Book For
Horngrens Accounting
ISBN: 9780135359785
11th Canadian Edition Volume 2
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann Johnston, Peter R. Norwood
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