Question
Amalgamated Corporation's net income was $2,490,000 in 2014 and $830,000 in 2015. What percentage increase in net income must Amalgamated achieve in 2016 to offset
| Amalgamated Corporation's net income was $2,490,000 in 2014 and $830,000 in 2015. What percentage increase in net income must Amalgamated achieve in 2016 to offset the decline in profits in 2015? |
75%.
300%.
33.33%.
830%.
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Auditing
Authors: Thomas D. Hubbard, J. R. Johnson, Steve Johnson, Joel D. Hubbard
6th Edition
0873932609, 9780873932608
