Discuss trend analysis for net revenue and net income, Accounting Basics

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Discuss trend analysis for net revenue and net income

Magic Oaks Realtys net revenue and net income for the following five-year period using 2012 as the base year, follow:

2016 2015 2014 2013 2012

Net Revenue $ 1,310,000 $ 1,187,000 $ 1,110,000 $ 1,011,000 $ 1,045,000

Net Income 122,000 113,000 84,000 72,000 83,000

Requirements

1. Compute 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?

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Accounting Basics: Discuss trend analysis for net revenue and net income

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Request for Solution File

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Accounting Basics: Discuss trend analysis for net revenue and net income

Reference No:- TGS0697608

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Describe the variable costs per unit

Q : Compare and contrast a controlled group of corporations

Q : Determine his gross pay for that week

Q : Prepare a table showing the computation

Q : Discuss trend analysis for net revenue and net income

Q : Perform iterations of the simplex algorithm

Q : Prepare a horizontal analysis of the comparative income

Q : After a further six-month delay in the design

Q : What is the firms accounts receivables turnover

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Discuss trend analysis for net revenue and net income

Reference No:- TGS0697608

Recent Questions Asked Accounting Basics

Q : Describe the variable costs per unit

Q : Compare and contrast a controlled group of corporations

Q : Determine his gross pay for that week

Q : Prepare a table showing the computation

Q : Discuss trend analysis for net revenue and net income

Q : Perform iterations of the simplex algorithm

Q : Prepare a horizontal analysis of the comparative income

Q : After a further six-month delay in the design

Q : What is the firms accounts receivables turnover

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