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Fees earned for Year 1 were $ 9 0 , 0 0 0 and for Year 2 were $ 4 0 , 0 0 0

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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