This Question: 6 pts | 1 of 31 (4 complete) | > Below are net sales and net inco

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This Question: 6 pts | 1 of 31 (4 complete) | > Below are net sales and net income data for a five-year period (Click the icon to view net sales and net income data ) Requirements 1. Compute trend percentages for net sales and net income for the five-year period, using year 1 as the base year Round to the nearest percent 2Which grew faster during the period net sales or net income? Requirement 1. Compute trend percentages for net sales and net income for the five-year period, using year 1 as the base year. (Round to the neares Year 5 Year 4 Year 3 Year 2 Year 1 Net sales 1% Net income Requirement 2. Which grew faster during the period: net sales or net income? (Enter amounts to the nearest whole percent, X%) Net income grew by 1% during the period, compared to1 96 for net sales. grew faster during the period Choose from any list or enter any number in the input fields and then continue to the next question. search the web and Windows

Explanation / Answer

Calculate trend percentage :

Net income grew by 115% during the period, compared to 104% for net sales

Net income grew faster during the period

Year 5 Year 4 Year 3 Year 2 Year 1 Net sales 104% 104% 102% 101% 100% Net income 115% 110% 102% 99% 100%

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