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

question 62

Essay

Donald Corp. reported the following revenues and net income amounts.
 (in milions) 20172016201520142013 Revenue $728$675$500$485$422 Cost of goods sold 650602456403398\begin{array}{llllll}\text { (in milions) } & 2017 & 2016 & 2015 & 2014 & 2013 \\\hline \text { Revenue } & \$ 728 & \$ 675 & \$ 500 & \$ 485 & \$ 422 \\\text { Cost of goods sold } & 650 & 602 & 456 & 403 & 398\end{array} Calculate Donald's trend analysis for revenues and cost of goods sold. Use 2013 as the base year, and round to the nearest percent.


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