Net income was $500,000 in 2020, $485,000 in 2021, and $518,400 in 2022. What is the percentage

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Net income was $500,000 in 2020, $485,000 in 2021, and $518,400 in 2022. What is the percentage of change

(a) From 2020 to 2021

(b) From 2021 to 2022? Is the change an increase or a decrease?

Calculate net income

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Related Book For  book-img-for-question

Survey Of Accounting

ISBN: 9781119594536

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt

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