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2019 2018 2017 2016 Net Sales Revenue $761,000 $707,000 $638,000 $662,000 Net Income 62,000 35,000 34,000 43,000 Ending Common Stockholders' Equity 376,000 344,000 328,000 292,000 Requirement 1. Compute trend analyses for each item for 20172017long dash—20192019. Use 20162016 as the base​ year, and round to the nearest whole percent.     2019 2018 2017 2016 Net Sales Revenue 761,000 707,000 638,000 662,000 Trend Percentages ? ? ? 100 %

2019 2018 2017 2016 Net Sales Revenue $761,000 $707,000 $638,000 $662,000 Net Income 62,000 35,000 34,000 43,000 Ending Common Stockholders' Equity 376,000 344,000 328,000 292,000 Requirement 1. Compute trend analyses for each item for 20172017long dash—20192019. Use 20162016 as the base​ year, and round to the nearest whole percent.     2019 2018 2017 2016 Net Sales Revenue 761,000 707,000 638,000 662,000 Trend Percentages ? ? ? 100 %

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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2019
2018
2017
2016
Net Sales Revenue
$761,000
$707,000
$638,000
$662,000
Net Income
62,000
35,000
34,000
43,000
Ending Common Stockholders' Equity
376,000
344,000
328,000
292,000

Requirement 1. Compute trend analyses for each item for

20172017long dash—20192019.

Use

20162016

as the base​ year, and round to the nearest whole percent.

 

  2019 2018 2017 2016
Net Sales Revenue
761,000
707,000
638,000
662,000
Trend Percentages ? ? ?
100
%
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