(L. OBJ. 1) Computing trend percentages [5—10 min] Thousand Oaks Realty’s net revenue a...

(L. OBJ. 1) Computing trend percentages [5—10 min]

Thousand Oaks Realty’s net revenue and net income for the following five-year period, using 2010 as the base year, follow:

Requirements

1. Compute trend percentages for net revenue and net income. Round to the nearest full percent.

2. Which grew faster during the period, net revenue or net income?