Trend Analysis of XYZ Corporation's Revenues

Hard Analysis Techniques Trend Analysis

XYZ Corporation has reported the following revenues for the past five years:

Year 1: $1,000,000
Year 2: $1,050,000
Year 3: $1,100,000
Year 4: $1,200,000
Year 5: $1,500,000

The company is preparing for an investor meeting where they plan to showcase their revenue trends over this period. Which of the following statements best reflects the trend analysis of XYZ Corporation's revenue over the five-year period?

The revenue has grown at a constant rate of 10% annually.

The revenue growth rate is accelerating, indicating improved operational performance.

The revenue shows consistent growth but lacks significant changes in its growth rate.

Hint

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Correct9.4K

% Correct87%