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

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

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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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