Magic Oaks Realty's Net revenue and net income for the following five-year period, using 2012...
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| Magic Oaks Realty's 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? | 2015 Net Income 136% | ||||||||
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