The trend analysis report of Poplar, Inc. is given below (in millions): Net income Trend percentages 2019 2018 $700 $606 174% 2017 2016 2015 $470 $405 $402 151% 117% 101% 100% Which of the following is a correct conclusion from the above analysis? Net income for 2019 is 174% of net income for 2015. Net income for 2018 is 151% of the previous year. Net income for 2019 increased by 174% from 2018. Net income for 2018 decreased by 151% from 2017.
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- The trend analysis report of Poplar, Inc. is given below (in millions): 2019 2018 2017 2016 2015 Net income $700 $606 $470 $405 $402 Trend percentages 174% 151% 117% 101% 100% Which of the following is a correct conclusion from the above analysis? Select one: A. Net income for 2018 decreased by 151% from 2017. B. Net income for 2019 increased by 174% from 2018. C. Net income for 2019 is 174% of net income for 2015. D. Net income for 2018 is 151% of the previous year. The financial statements for Silver Service Company include the following items: 2019 2018 Cash $49,500 $40,000 Short-term Investments 33,000 20,500 Net Accounts Receivable 52,000 53,000 Merchandise Inventory 132,000 45,000 Total Assets 530,000 547,000 Accounts Payable 131,500 122,000 Salaries Payable 15,000 18,000 Long-term Note Payable 58,000 57,000 Compute the acid-test ratio for 2018.…The trend analysis report of Marswell, Inc. is given below (in millions): 2019 2018 2017 2016 2015 Net income $690 $604 $470 $404 $398 152% 118% 102% 100% Trend percentages 173% Which of the following is a correct conclusion from the above analysis? OA. Net income for 2017 has decreased by 118% over that for 2015. OB. Net income for 2017 has increased by 118% over that for 2015. OC. Net income for 2017 has decreased by 18% over that for 2015. O D. Net income for 2017 has increased by 18% over that for 2015.Zoobilee Inc. reported the following sales and net income amounts: (in thousands) 2020 2019 2018 2017 9,180 $ 8,990 $ 8,770 $ 8,550 Net income 520 500 460 400 Show Zoobilee's trend percentages for sales and net income. Use 2017 as the base year. Sales.... $ (Round your answers to the nearest percent.) Sales.. Net income.. 2020 % % 2019 % % 2018 % % 2017 100 % 100 %
- The trend analysis report of Doremon Ltd is given below: (in millions) 2020 2019 2018 2017 2016 Profit $670 $602 $460 $407 $402 Trend Analysis percentages 167%150%114%101%100% Which of the following is a correct conclusion from the above analysis? Select one: O a. Profit for the year 2018 has decreased by 14% over that for the year 2016. O b. Profit for the year 2018 has decreased by 114% over that for the year 2016. O c. Profit for the year 2018 has increased by 14% over that for the year 2016. O d. Profit for the year 2018 has increased by 114% over that for the year 2016.The following information pertains to JCU Company. All dollar amounts are in thousands. If JCU is computing trend percentages with 2018 as the base year, what % will 2019 sales be? Sales Gross Margin Net operating income Net income Year 2020 $58,000 $17,500 $3,200 $1,750 2019 $51,000 $15,100 $2,850 $1,400 2018 $47,000 $13,800 $2,100 $1,100Using data available in the case, calculate the annual growth rate from 2020 to 2021 (in percentages). All calculations should be rounded to two decimals (e.g., 12.77%). > Answer is complete but not entirely correct. 2021 2020 2020-2021 Revenue 2,057,622 1,736,432 18.50 % Cost of Goods Sold 1,259,830 921,980 36.64 % Gross Profit 797,792 814,452 (1.02) % Operating Expenses 789,795 570,245 38.50 % Operating Income 7,997 244,207 2,953.73% Net Income 14,553 191,960 (92.42) %
- Jones Enterprises reported sales revenue totaling $672,000, $668,000, and $708,000 in the years, 2015, 2016, and 2017, respectively.Performing trend analysis, with 2015 serving as the base year, what is the percentage for 2017? Question 15 options: A) 19.08% B) 28.21% C) 105.36% D) 105.99%Compute trend percentages forRolling Hills Realtors' net revenue and net income for the following five-year period, using 2016 as the base year. Which grew faster during the period, net revenue or net income? Enter trend percentage values for net revenue and net income in the table below. (Enter the results as a percentage.) 2020 2019 2018 2017 2016 Net revenue. . . . . . % % % % % Net income. . . . . . . % % % % % Data table (in thousands) 2020 2019 2018 2017 2016 Net revenue. . . . . . $1,271 $1,148 $1,066 $943 $1,025 Net income. . . . . . . $180 $168 $126 $96 $120Chupapi Inc. has a gross profit ratio of 16.67 % for the year 2020. If Chupapi Inc. has gross profit of P 1,090,000 and P 6,000,000 net sales on year 2021, What would be the gross profit margin of Chupapi Inc, during 2021? * 36.33% 18.17 % 16.57 % 15. 76 %
- Calculating trend analysis Muscateer Corp reported the following revenues and net income amounts: Requirements Calculate Muscateer’s trend analysis for revenues and net income Use 2016 as the base year and round to the nearest percent. Which measure increased at a higher rate during 2017-2019?The following is data for 123 Corp: Book value, Dec 31 2016 Comprehensive income Dividends Required return 825 20% What is normal income for 2017? Round your answer to the nearest dollar (no decimal points) 2017 100 23 2018 150 324. The following common size income statement are available for Gaea Corporation for the two years ended December 2019, and 2018 2019 2018 Sales 100% 100% Cost of sales 55% 70% Gross profit on sales 45% 30% Operating (including income tax expense) expenses 20% 18% 25% 12% Net income The trend percentages for sales are as follows: 2017 130% 100% 2016 What should be the trend percentage for gross profit on sales for 2019 A. 58.5% В. 130% С. 150% D. 195% Answer: