Net income was $500,000 in 2012, $485,000 in 2013, and $518,400 in 2014. What is the percentage
Question:
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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Related Book For 
Accounting Tools For Business Decision Making
ISBN: 9781118771112
5th Edition
Authors: Kimmel, Wetlands, Kieso
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