Net income was 550,000 in 2018, 500,000 in 2019, and 525,000 in 2020. What is the percentage

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Net income was €550,000 in 2018, €500,000 in 2019, and €525,000 in 2020. What is the percentage of change from (a) 2018 to 2019 and (b) 2019 to 2020? Is the change an increase or a decrease?

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Related Book For  answer-question

Accounting Principles

ISBN: 978-1119419617

IFRS global edition

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

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