Net income was $500,000 in 2012, $485,000 in 2013, and $518,400 in 2014. What is the percentage

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Net income was $500,000 in 2012, $485,000 in 2013, and $518,400 in 2014.

What is the percentage of change from (a) 2012 to 2013, and (b) from 2013 to 2014? Is the change an increase or a decrease?

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Accounting Tools for Business Decision Making

ISBN: 978-1118128169

5th edition

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

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Question Posted: Apr 07, 2014 11:41 AM

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Net income was $500,000 in 2012, $485,000 in 2013, and $518,400 in 2014. What is the percentage

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2014 2013 2012 Net income 518400 4850...View the full answer

Accounting Tools for Business Decision Making

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