Hart Corporation's net income was ($ 400,000) in 2010 and ($ 160,000) in 2011. What percentage increase

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Hart Corporation's net income was $\$ 400,000$ in 2010 and $\$ 160,000$ in 2011. What percentage increase in net income must Hart achieve in 2012 to offset the decline in profits in 2011?

a. $60 \%$.

b. $150 \%$.

c. $600 \%$.

d. $67 \%$.

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Financial Accounting

ISBN: 9780077328702

15th Edition

Authors: Jan Williams, Sue Haka, Mark Bettner, Joseph Carcello

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Question Posted: May 14, 2024 09:02 AM

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Hart Corporation's net income was ($ 400,000) in 2010 and ($ 160,000) in 2011. What percentage increase

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Financial Accounting

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