Magic Oaks Realty's net revenue and net income for the following five-year period, using 2010 as the base year, follow:
|
2014
|
2013
|
2012
|
2011
|
2010
|
|
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?