Chapter 17, Problem S17.3SE

To determine

Trend analysis: It is the analysis of corporate financial performance with the help of ratios. It judges the activities to be performed in future on the basis of activities performed in the past. Percentage of the trend is computed by dividing financial statement’s balance of item of any year with a balance of item in selected base year’s financial statement.

1.

To Calculate: Trend analysis for revenue and net income of M company.

To determine

2.

To Identify: The measure that increased at a higher rate during 2017-19.