If Valdamorte plc had net income of 560,000 in 2025 and it experienced a 40% increase in

Question:

If Valdamorte plc had net income of £560,000 in 2025 and it experienced a 40%

increase in net income over 2024, what was its 2024 net income?

Calculate change in net income.

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Asim farooq

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