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:

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 in

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?

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Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

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Question Posted: Dec 16, 2011 05:40 AM

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Magic Oaks Realty's net revenue and net income for the following five-year period, using 2010 as the

Question:

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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Req 1 Trend percentages 2014 2013 2012 2011 2010 N...View the full answer

Financial and Managerial Accounting

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