Sunburst Corporation's net revenues over a five year period were as follows (in millions of dollars):...
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Sunburst Corporation's net revenues over a five year period were as follows (in millions of dollars): $28,700 (2021) $22,800 (2020) $27,000 (2019) $24,500 (2018) $21,600 (2017) Calculate trend percentages for the five-year period using 2017 as the base year. (Round your answers to the nearest whole percent.) Sunburst Trend Data (in millions) Sales revenue Trend percentage $ 2021 28,700 % $ 2020 22,800 $ % 2019 27,000 % $ 2018 24,500 Base Year 2017 $ 21,600 % Sunburst Corporation's net revenues over a five year period were as follows (in millions of dollars): $28,700 (2021) $22,800 (2020) $27,000 (2019) $24,500 (2018) $21,600 (2017) Calculate trend percentages for the five-year period using 2017 as the base year. (Round your answers to the nearest whole percent.) Sunburst Trend Data (in millions) Sales revenue Trend percentage $ 2021 28,700 % $ 2020 22,800 $ % 2019 27,000 % $ 2018 24,500 Base Year 2017 $ 21,600 %
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To calculate the trend percentages youll compare each years net revenue to the base years revenue 2... View the full answer
Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
Posted Date:
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