E18-3 Calculating trend analysis [5–10 min] Magic Oaks Realty's net revenue and profit for a five-year period, using 2012 as the base year, follow: 2016 2015 2014 2013 2012 Net revenue $1 310 000 $1...

E18-3 Calculating trend analysis [5–10 min]<br>Magic Oaks Realty's net revenue and profit for a five-year period, using 2012 as the base year,<br>follow:<br>2016<br>2015<br>2014<br>2013<br>2012<br>Net revenue<br>$1 310 000<br>$1 187 000<br>$1 110 000<br>$1 011 000<br>$1 045 000<br>Profit<br>122 000<br>113 000<br>84 000<br>72 000<br>83 000<br>Requirements<br>1 Carry out trend analysis for net revenue and profit. Round to the nearest full percentage<br>point.<br>2 Which grew faster during the period, net revenue or profit?<br>

Extracted text: E18-3 Calculating trend analysis [5–10 min] Magic Oaks Realty's net revenue and profit for a five-year period, using 2012 as the base year, follow: 2016 2015 2014 2013 2012 Net revenue $1 310 000 $1 187 000 $1 110 000 $1 011 000 $1 045 000 Profit 122 000 113 000 84 000 72 000 83 000 Requirements 1 Carry out trend analysis for net revenue and profit. Round to the nearest full percentage point. 2 Which grew faster during the period, net revenue or profit?

Jun 11, 2022

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E18-3 Calculating trend analysis [5–10 min] Magic Oaks Realty's net revenue and profit for a five-year period, using 2012 as the base year, follow: 2016 2015 2014 2013 2012 Net revenue $1 310 000 $1...

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