Reference no: EM132494307
Assume Intuit Inc. reports the following revenues for the fiscal year ended July 31, 2014 through 2016.
In millions 2016 2015 2014
Net revenue:
Product $1,189 $1,146 $1,459
Services and other 3,505 3,046 2,784
Total net revenue $4,694 $4,192 $4,243
Question a. What is Intuit's total net revenue growth during 2016?
Question b. Compare the growth rates for Product versus Service revenues in 2016.
Question c. How would these growth rates affect your projection of Intuit's 2017 income statement?