Net income was $500,000 in 2023, $485,000 in 2024, and $518,400 in 2025. What is the percentage

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Net income was $500,000 in 2023, $485,000 in 2024, and $518,400 in 2025. What is the percentage of change 

(a) From 2023 to 2024

(b) From 2024 to 2025? 

Is the change an increase or a decrease?

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Related Book For  answer-question

Accounting Tools For Business Decision Making

ISBN: 9781119791058

8th Edition

Authors: Paul D. Kimmel,  Jerry J. Weygandt,  Jill E. Mitchell

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