ACG 2071 Fall 2017 AM Quiz: Quiz, Chapters 1,2,3 &4 Time Remaining: 02:16:14 Sub

Question

ACG 2071 Fall 2017 AM Quiz: Quiz, Chapters 1,2,3 &4 Time Remaining: 02:16:14 Submit Quiz This Question: 1 pt 9 of 10 This Quiz: 10 pts possible (in 2014 2013 2012 2011 S 546 S 494 S 520 a. b. Show Mariner Group's trend percentages for revenues and net income. Use 2011 as the base year and round to the nearest percent. Which measure increased faster during 2012-2014? a. Show Mariner's trend percentages for revenues and net income. Use 2011 as the base year and round to the nearest percent. (Round your answers to the nearest whole percent.) 2014 2013 2012 2011 100 % %[ ]% 100% b. Which measure increased faster during 2012-2014 ed faster than Net income Enter any number in the edit fields and then continue to the next question.

Explanation / Answer

Trend Percentage Revenue 102.00% 94.00% 88.00% 100.00% Net Income 105.00% 95.00% 90.00% 100.00% Trend Percentage = Year's Revenue/ Base year revenue Net Income Revenue Net Income increased faster than revenue

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