Calculate trend percentages for Blueberry Valley Sales & Services total revenue and net income for the following
Question:
Calculate trend percentages for Blueberry Valley Sales & Service’s total revenue and net income for the following five-year period, using year 0 as the base year. Round to the nearest full percent.
Which grew faster during the period, total revenue or net income?
Transcribed Image Text:
(In thousands) Year 0 Year 4 Year 3 Year 2 Year 1 $1,251 $1,090 Total revenue Net income $1,412 129 $1,017 98 $1,020 85 102 120
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Related Book For
Financial Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
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