S18-2 Trend analysis Mariner Ltd reported the following revenues and profit amounts: (In millions) 2016 2015 2014 2013 $9 910 7 475 $9 210 $9 700 7 400 $9 110 4 690 Revenue Profit 5 495 Requirements Calculate Mariner's trend analysis for revenues and profit. Use 2013 as the base year and round to the nearest percentage. 1 2 Which measure increased faster during 2014–16?
S18-2 Trend analysis Mariner Ltd reported the following revenues and profit amounts: (In millions) 2016 2015 2014 2013 $9 910 7 475 $9 210 $9 700 7 400 $9 110 4 690 Revenue Profit 5 495 Requirements Calculate Mariner's trend analysis for revenues and profit. Use 2013 as the base year and round to the nearest percentage. 1 2 Which measure increased faster during 2014–16?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![S18-2 Trend analysis
Mariner Ltd reported the following revenues and profit amounts:
(In millions)
2016
2015
2014
2013
$9 910
7 475
$9 700
7 400
$9 110
4 690
Revenue
$9 210
Profit
5 495
Requirements
1 Calculate Mariner's trend analysis for revenues and profit. Use 2013 as the base year and
round to the nearest percentage.
2 Which measure increased faster during 2014–16?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9d6686f0-24e3-43de-bc21-a827730605bb%2F6f92c33b-9e3f-4589-8217-b2fde50bc915%2Ffd4t1i6_processed.png&w=3840&q=75)
Transcribed Image Text:S18-2 Trend analysis
Mariner Ltd reported the following revenues and profit amounts:
(In millions)
2016
2015
2014
2013
$9 910
7 475
$9 700
7 400
$9 110
4 690
Revenue
$9 210
Profit
5 495
Requirements
1 Calculate Mariner's trend analysis for revenues and profit. Use 2013 as the base year and
round to the nearest percentage.
2 Which measure increased faster during 2014–16?
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