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In: Accounting

Item 6 of the 10-K report provides comparative financial highlights of RMCF for the years 2012–2016....

  1. Item 6 of the 10-K report provides comparative financial highlights of RMCF for the years 2012–2016. How would you describe the revenue trend for RMCF over this five-year period?

  2. Has RMCF been profitable (see net income) over this five-year period? Support your answer.

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Please give positive ratings so I can keep answering. It would help me a lot. Please comment if you have any query. Thanks!
RMCF
(Amounts in thousands) 2016 2015 2014 2013 2012
Total Revenues           40,457.00           41,508.00           39,185.00           36,315.00        34,627.00
Revenue trend 97.47% 105.93% 107.90% 104.87%
Revenue has increased from 2012 but trend % is decreasing every year.
Net income             4,426.00             3,938.00             4,392.00             1,478.00          3,876.00
Yes RMCF been profitable over this five-year period.

ekkarill92 answered 1 year ago
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