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

question 52

Essay

Sapphire Corp.reported the following revenues and net income amounts.
$\begin{array}{llllll} & \underline{2019} & \underline{2018} & \underline{2017} & \underline{2016} & \underline{2015} \\\text { Revenue } & \$ 728 & \$ 675 & \$ 500 & \$ 485 & \$ 452 \\\text { Cost of goods sold } & 650 & 602 & 456 & 403 & 398\end{array}$
Calculate Sapphire's trend analysis for revenues and cost of goods sold.Use 2015 as the base year,and round to the nearest percent.

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Definitions:

Social Programs

Public or private initiatives designed to improve communities' welfare by addressing social issues such as healthcare, education, and income support.

Bottom Line

Refers to the net income of a company, indicating its profitability, or alternatively, the most important or fundamental aspect of a situation.

Ethical Turmoil

A state of confusion or disorder caused by complex ethical decisions or dilemmas, often leading to moral distress.

Corporate Responsibility

Corporate responsibility refers to a business's commitment to act ethically and contribute positively to societal and environmental well-being beyond mere profit generation.