The trend analysis report of Marswell,Inc.is given below (in millions):

Which of the following is a correct conclusion from the above analysis?

Question

The trend analysis report of Marswell,Inc.is given below (in millions):

Which of the following is a correct conclusion from the above analysis?

Quizplus · Accepted Answer

The net income for 2017 is $160 million, which is 14% higher than the net income of $140 million in 2015. Option A is incorrect as it states an increase of 114%, which is not supported by the data. Option B is incorrect, as the net income has in fact increased. Option C is incorrect, as a decrease of 114% would mean that the net income is negative, which is not possible.

The Trend Analysis Report of Marswell,Inc