Net income was $500,000 in 2013, $450,000 in 2014, and $522,000 in 2015. What is the percentage

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Net income was $500,000 in 2013, $450,000 in 2014, and $522,000 in 2015. What is the percentage of change from?
(a) 2013 to 2014
(b) 2014 to 2015?
Is the change an increase or a decrease?

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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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