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 %
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.3C
Related questions
Question
|
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
|
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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