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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?
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