Turcotte Corp.reported the following revenues and net income amounts.
$\begin{array}{llllll}
&2017&2016&2015&2014&2013\
\text { Revenue } & \$ 728 & \$ 675 & \$ 500 & \$ 485 & \$ 452 \
\text { Cost of goods sold } & 650 & 602 & 456 & 403 & 398
\end{array}$ Calculate Turcotte's trend analysis for revenues and cost of goods sold.Use 2013 as the base year,and round to the nearest percent.

Question

Turcotte Corp.reported the following revenues and net income amounts.
 $\begin{array}{llllll}
&2017&2016&2015&2014&2013\
\text { Revenue } & \$ 728 & \$ 675 & \$ 500 & \$ 485 & \$ 452 \
\text { Cost of goods sold } & 650 & 602 & 456 & 403 & 398
\end{array}$ Calculate Turcotte's trend analysis for revenues and cost of goods sold.Use 2013 as the base year,and round to the nearest percent.

Quizplus · Accepted Answer

The Answer of Turcotte Corp.reported the following revenues and net income amounts.
 $\begin{array}{llllll}
&2017&2016&2015&2014&2013\
\text { Revenue } & \$ 728 & \$ 675 & \$ 500 & \$ 485 & \$ 452 \
\text { Cost of goods sold } & 650 & 602 & 456 & 403 & 398
\end{array}$ Calculate Turcotte's trend analysis for revenues and cost of goods sold.Use 2013 as the base year,and round to the nearest percent.

Turcotte Corp Calculate Turcotte's Trend Analysis for Revenues and Cost of Goods