Compute trend percentages forRolling Hills ​Realtors' net revenue and net income for the following​ five-year period, using 2016 as the base year. Which grew faster during the​ period, net revenue or net​ income? Enter trend percentage values for net revenue and net income in the table below. ​(Enter the results as a​ percentage.)   2020   2019   2018   2017   2016   Net revenue. . . . . .   %   %   %   %   % Net income. . . . . . .   %   %   %   %   %   Data table (in thousands) 2020 2019 2018 2017 2016 Net revenue. . . . . . $1,271 $1,148 $1,066 $943 $1,025 Net income. . . . . . . $180 $16

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 54CE
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Compute trend percentages forRolling Hills ​Realtors' net revenue and net income for the following​ five-year period, using 2016 as the base year. Which grew faster during the​ period, net revenue or net​ income? Enter trend percentage values for net revenue and net income in the table below. ​(Enter the results as a​ percentage.)
 
2020
 
2019
 
2018
 
2017
 
2016
 
Net revenue. . . . . .
 
%
 
%
 
%
 
%
 
%
Net income. . . . . . .
 
%
 
%
 
%
 
%
 
%
 
Data table
(in thousands)
2020
2019
2018
2017
2016
Net revenue. . . . . .
$1,271
$1,148
$1,066
$943
$1,025
Net income. . . . . . .
$180
$168
$126
$96
$120
 
 
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