Question

Clap Corp. reported the following revenues and net income amounts: (Click the icon to view the amounts.) Read the requirement


netr Lilate Data Table - Х 2021 9 10 (In millions) 2025 2023 2022 Revenue GA $ 9.610 $ 7,290 2024 9,355 $ 6.790 9,050 $ 5,020


Clap Corp. reported the following revenues and net income amounts: Click the icon to view the amounts.) Read the requirements
Clap Corp. reported the following revenues and net income amounts: Click the icon to view the amounts.) Read the requirements
Clap Corp. reported the following revenues and net income amounts: Click the icon to view the amounts.) Read the requirements
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Answer #1

Req. 1 :-

           

2025

2024

2023

2022

Revenues…………

$9,610

$9,355

$9,050

$8,950

Trend percentage

107%*

105%

101%

100%

Net income……….

$7,290

$6,790

$5,020

$4,300

Trend percentage

170%

158%

117%

100%

Note : * $9,610 / $8,950 = 107%

Req. 2 :-

2.   Net income increased faster than revenues.

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