Net income was $500,000 in 2016, $450,000 in 2017, and $522,000 in 2018. What is the percentage

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Net income was $500,000 in 2016, $450,000 in 2017, and $522,000 in 2018. What is the percentage of change from?

(a) 2016 to 2017

(b) 2017 to 2018? Is the change an increase or a decrease?


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Accounting Principles

ISBN: 978-1118875056

12th edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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