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Click to watch the Tell Me More Learning Objective 5 video and then answer the questions below. 1. Net income for Year 1 was $75,000,
Click to watch the Tell Me More Learning Objective 5 video and then answer the questions below. 1. Net income for Year 1 was $75,000, and net income for Year 2 was $90,000. What is the percent of increase or decrease in horizontal analysis? a. 20% increase b. 20% decrease c. 17% increase d. 17% decrease 2. Fees earned for Year 1 were $90,000 and for Year 2 were $40,000. What is the percent of increase or decrease in horizontal analysis? a. 125% increase b. 55.6% decrease C. 44.4% increase d. None of these choices are correct
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