Net income was $500,000 in 2015, $485,000 in 2016, and $518,400 in 2017. What is the percentage

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Net income was $500,000 in 2015, $485,000 in 2016, and $518,400 in 2017. What is the percentage of change from

(a) 2015 to 2016,

(b) From 2016 to 2017? Is the change an increase or a decrease?

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Accounting Tools for Business Decision Making

ISBN: 978-1118096895

6th edition

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

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Question Posted: Aug 24, 2016 02:06 AM

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Net income was $500,000 in 2015, $485,000 in 2016, and $518,400 in 2017. What is the percentage

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Accounting Tools for Business Decision Making

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