Net income was $500,000 in 2014, $450,000 in 2015, and $522,000 in 2016. What is the percentage

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Net income was $500,000 in 2014, $450,000 in 2015, and $522,000 in 2016. What is the percentage of change from?

(a) 2014 to 2015

(b) 2015 to 2016?

Is the change an increase or a decrease?


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Financial Accounting

ISBN: 9781118334324

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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