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Calculate Beaver​'s trend analysis for revenues and net income. Use 2016 as the base​ year, and round to the nearest percent. Begin by calculating Beaver​'s trend analysis for​ revenues, then calculate Beaver​'s trend analysis for net income. ​(Round to the nearest​ percent.)


(In millions) 2019 2018 2017 2016

Revenue $9,890 $9,690 $9,135 $8,835

Trend Percentages 108.79% 108.79% 102.20% 100%

Respuesta :

jafransp

Answer:

See explanation section

Explanation:

Trend percentage calculation = (Current year ÷ Base year) × 100

As 2016 is the base year, the trend percentage is 100% for both revenues and net income.

Trend Percentage for 2017: Revenues = ($9,135 ÷ $8,835) × 100 = 103.40%

Net income = ($5,495 ÷ $4,690) × 100 = 117.16%

Trend Percentage for 2018; Revenues = ($9,690 ÷ $8,835) × 100 = 109.68%

Net income = ($7,400 ÷ $4,690) × 100 = 157.78%

Trend Percentage for 2019; Revenues = ($9,890 ÷ $8,835) × 100 = 111.94%

Net income = ($7,475 ÷ $4,690) × 100 = 159.38%

abiolataiwo2015

The complete question is:

(In millions) 2019 2018 2017 2016

Revenue $9,890 $9,690 $9,135 $8,835

Net income $7,475 $7,400 $5,495 $4,690

Beaver​'s trend analysis for​ revenues and  Beaver​'s trend analysis for net income are:

Trend percentage = (Current year ÷ Base year) × 100

2016

Trend percentage= ($8,835 ÷ $8,835) × 100

Trend percentage=100%

Net income=$4,690/$4,690 × 100

Net income=100%

2017

Trend Percentage= ($9,135 ÷ $8,835) × 100

Trend Percentage= 103.40%

Net income = ($5,495 ÷ $4,690) × 100

Net income= 117.16%

2018

Trend Percentage= ($9,690 ÷ $8,835) × 100

Trend percentage = 109.68%

Net income = ($7,400 ÷ $4,690) × 100

Net income = 157.78%

2019

Trend Percentage = ($9,890 ÷ $8,835) × 100

Trend percentage= 111.94%

Net income = ($7,475 ÷ $4,690) × 100

Net income = 159.38%

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