Question: Current Attempt in Progress Crane Ltd. reported the following financial results: Profit was $580,000 in 2020, $539,400 in 2021, and $604,128 in 2022. Calculate the
Current Attempt in Progress Crane Ltd. reported the following financial results: Profit was $580,000 in 2020, $539,400 in 2021, and $604,128 in 2022. Calculate the horizontal percentage change from () 2020 to 2021 and (b) 2021 to 2022. (c) Are the changes an increase or a decrease? (if amount and percentage are a decrease show the numbers as negative, eg.-55,000, -20% or (55,000) (20%). Round percentages to O decimal places, es 12%) Amount Percentage (a) 2020-2021 $ % (6) 2021-2022 $ % e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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