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

dont Panic

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

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

20182017201620152014
Net income$650$603$457$407$399
Trend percentages163%151%115%102%100%

Which of the following is a correct conclusion from the above analysis?
A) Net income for 2016 has increased by 115% over that for 2014.
B) Net income for 2016 has decreased by 15% over that for 2014.
C) Net income for 2016 has decreased by 115% over that for 2014.
D) Net income for 2016 has increased by 15% over that for 2014.

Textbook

Horngren's Accounting

Edition: 11^th

Authors: Miller-Nobles, Mattison, Matsumura

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branbran2k16

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dont P. Author

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TY!

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