Magic oaks realtys net revenue and net income for the

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Reference no: EM13574217

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


2014

2013

2012

2011

2010

Net revenue

$1,310,000

$1,187,000

$1,110,000

$1,011,000

$1,045,000

Net income

122,000

113,000

84,000

72,000

83,000

Requirements

1. Compute 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?

Reference no: EM13574217

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