Question

Question Help (In millions) 2017 2016 2015 2014 Revenue 9,500 $ 9,250 $ 8,900 8,400 Net Income 7,100 6,570 4,800 4,200 Requirements 1. Calculate Mariner's trend analysis for revenues and net income. Use 2014 as the base year, and round to the nearest percent. 2. Which measure increased faster during 2015 2017? Begin by calculating Mariner's trend analysis for revenues, then calculate Mariner's trend analysis for net income. 2015 2014 2017 2016 (In millions) $ 8,400 8,900 9250 $ 9,500 Revenue 100% % % Trend Percentages Enter any number in the edit fields and then click Check Answer Check Answer 2 parts remaining Clear All da

Answer 1

1. The following table will provide the trend

Particulars	2017	2016	2015	2014
Revenue	9,500	9,250	8,900	8,400
Trend percentage - revenue	113%	110%	106%	100%
Net income	7,100	6,570	4,800	4,200
Trend percentage - net income	169%	156%	114%	100%

2. Based on the above analysis, net income increased at a faster rate.