Question

Save Homework: Appendix C Assignment HW Score: 10.89 % , 5.77 of 53 pts 4 of 14 (3 complete) Score: 0 of 3 pts Question Help EC-14 (similar to) Splendid Oaks Realty's net revense and net income for the following tive-year period, using 2015 as the base year, follow E(Clck the ioon to view net revenue and net income for the five years) Requirements Compute a trend analysis for net revenue and net income. Round to the nearest full peroent 1 Which grew faster during the period, net revenue or net incomeh Requirement1. Compute a trend analysis for net revenue and net income Round to the nearest full percent Begin by calouating Splendid Oaks Realty's trend analysis for net revenue, then caiculae Spiendid Osks Reaty's trend analysis for net income 2015 2016 2018 2017 2013 S 1,009.000 $1,038 000 s 1,390,000 S 1.185000 s 1.150.000 Net Revenue 100% % % % Trend Percentages Net Revenue and Net Inoom 2016 2015 2018 2017 2019 1,038.000 1.000 000 390.000 S 1.185.000 1.150.000 Net Revenue 82.000 83000 77.000 Net Incomer 119.000 126.000 Print Done Enter any rumber in the edit felds and then click Check Answer Final Check Clear A parts remaining

Answer 1

Solution 1:

Particulars	2019	2018	2017	2016	2015
Net revenues	$1,390,000.00	$1,185,000.00	$1,150,000.00	$1,009,000.00	$1,038,000.00
Trend Percentages	133.91%	114.16%	110.79%	97.21%	100.00%
Net Income	$126,000.00	$119,000.00	$83,000.00	$77,000.00	$82,000.00
Trend Percentages	153.66%	145.12%	101.22%	93.90%	100.00%

Solution 2:

Net Income grow faster during the period.