Question: ACC-260-ETR100A Homework: ACC-260 Benchmark - Topic 7 Assign Score: 0 of 10 pts 2 of 6 (1 complete) EC-14 (similar to) Magic Oaks Realty's net
ACC-260-ETR100A Homework: ACC-260 Benchmark - Topic 7 Assign Score: 0 of 10 pts 2 of 6 (1 complete) EC-14 (similar to) Magic Oaks Realty's net revenue and net income for the following five-year period, using 2015 as the base year, follow: (Click the icon to view net revenue and net income for the five years.) Requirements 1. Compute a trend analysis for net revenue and net income. Round to the nearest full percent. 2. Which grew faster during the period, net revenue or net income? Requirement 1. Compute a trend analysis for net revenue and net income. Round to the nearest full percent. Begin by calculating Magic Oaks Realty's trend analysis for net revenue, then calculate Magic Oaks Realty's trend analy 2019 2018 2017 2016 2015 Net Revenue $ 1,390,000 $1,184,000 $ 1,150,000 $ 1.001,000 $1.045.000 Trend Percentages % % % 100% * Net Revenue and Net Income Enter ar $ Net Revenue Net Income 2019 2018 1,390,000 $ 1,184,000 $ 123,000 112,000 2017 1,150,000 $ 91,000 2016 1,001,000 $ 71,000 2015 1,045,000 81,000 2 parts rema
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