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​Realty's net revenue and net income for the following​ five-year period, using 2015 as the base​...

​Realty's net revenue and net income for the following​ five-year period, using 2015 as the base​ year, follow: LOADING...​(Click the icon to view net revenue and net income for the five​ years.) Requirements 1. Compute a 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? Requirement 1. Compute a trend analysis for net revenue and net income. Round to the nearest full percent. Begin by calculating Magic Oaks ​Realty's trend analysis for net​ revenue, then calculate Magic Oaks ​Realty's trend analysis for net income. 2019 2018 2017 2016 2015 Net Revenue $1,315,000 $1,184,000 $1,148,000 $1,007,000 $1,045,000 Trend Percentages % % % % 100%

2019

2018

2017

2016

2015

Net Revenue

$1,315,000

$1,184,000

$1,148,000

$1,007,000

$1,045,000

Net Income

131,000

110,000

85,000

73,000

80,000

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Answer #1

Calculate trend percentage

2019 2018 2017 2016 2015
Net revenue 1315000 1184000 1148000 1007000 1045000
Trend percentage 126% 113% 110% 96% 100%
Net income 131000 110000 85000 73000 80000
Trend percentage 164% 138% 106% 91% 100%

Net income grew faster

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