Net income was $500,000 in 2018, $485,000 in 2019, and $518,400 in 2020. What is the percentage

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Net income was $500,000 in 2018, $485,000 in 2019, and $518,400 in 2020. What is the percentage of change from

(a) 2018 to 2019,

(b) From 2019 to 2020? Is the change an increase or a decrease?

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Accounting Principles

ISBN: 978-1119411482

13th edition

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

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