Muscateer Corp. reported the following revenues and net income amounts Requirements 1. Calculate Muscateer's trend analysis for

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Muscateer Corp. reported the following revenues and net income amounts
(In millions) 2017 2019 2018 2016 Revenue $ 9,610 7,290 $ 9,355 $ 9,050 $ 8,950 Net Income 4,300 5,020 6,790

Requirements
1. Calculate Muscateer's trend analysis for revenues and net income. Use 2016 as the base year, and round to the nearest percent.
2. Which measure increased at a higher rate during 2017-2019?

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Horngrens Financial And Managerial Accounting The Financial Chapters

ISBN: 9780134486840

6th Edition

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura

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