Muscateer Corp. reported the following revenues and net income amounts: (Click the icon to view the amounts.) Read the requirements. Requirement 1. Calculate Muscateer's trend analysis for revenues and net income. Use 2022 as the base year, and round to the nearest percent. Begin by calculating Muscateer's trend analysis for revenues, then calculate Muscateer's trend analysis for net income. (Round to the nearest percent.) (In millions) Revenue Trend Percentages $ 2025 9,610 % 2024 $ 9,355 % $ 2023 9,050 % $ 2022 8,950 100% Data table (In millions) Revenue Net Income $ Print 2025 2024 9,610 $9,355 $ 7,290 6,790 Done 2023 9,050 $ 5,020 2022 8,950 4,300 - X
Muscateer Corp. reported the following revenues and net income amounts: (Click the icon to view the amounts.) Read the requirements. Requirement 1. Calculate Muscateer's trend analysis for revenues and net income. Use 2022 as the base year, and round to the nearest percent. Begin by calculating Muscateer's trend analysis for revenues, then calculate Muscateer's trend analysis for net income. (Round to the nearest percent.) (In millions) Revenue Trend Percentages $ 2025 9,610 % 2024 $ 9,355 % $ 2023 9,050 % $ 2022 8,950 100% Data table (In millions) Revenue Net Income $ Print 2025 2024 9,610 $9,355 $ 7,290 6,790 Done 2023 9,050 $ 5,020 2022 8,950 4,300 - X
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Muscateer Corp. reported the following revenues and net income amounts:
(Click the icon to view the amounts.)
Read the requirements.
Requirement 1. Calculate Muscateer's trend analysis for revenues and net income. Use 2022 as the base year, and round to the nearest percent.
Begin by calculating Muscateer's trend analysis for revenues, then calculate Muscateer's trend analysis for net income. (Round to the nearest percent.)
(In millions)
Revenue
Trend Percentages
$
2025
9,610
%
$
2024
9,355
%
$
2023
9,050
%
$
2022
C---
8,950
100%
Data table
(In millions)
Revenue
Net Income
$
Print
2025
2024
9,610 $ 9,355 $
7,290 6,790
Done
2023
9,050 $
5,020
2022
8,950
4,300
- X
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