Net income was $500,000 in 2015, $485,000 in 2016, and $518,400 in 2017. What is the percentage

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Net income was $500,000 in 2015, $485,000 in 2016, and $518,400 in 2017. What is the percentage of change from

(a) 2015 to 2016, and

(b) from 2016 to 2017? Is the change an increase or a decrease? LO15

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Financial Accounting

ISBN: 9781118953907

8th Edition

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

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