Grand Oaks Realty's net revenue and net income for the following five-year period, using 2013 as the base year, follow;

Requirements:

Compute a trend analysis for net revenue and net income. Round to the nearest full percent,

Which grew faster during the period, net revenue or net income?

Transcribed Image Text:

Net Revenue Net Income 2017 $ 1,315,000 126,000 2016 $1,188,000 115,000 2015 $ 1,160,000 82,000 2014 $ 1,011,000 77,000 2013 $ 1,038,000 76,000 Net Revenue Net Income 2017 $ 1,315,000 126,000 2016 $1,188,000 115,000 2015 $ 1,160,000 82,000 2014 $ 1,011,000 77,000 2013 $ 1,038,000 76,000

Answer rating: 100% (QA)

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