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MC Qu. 24 For the last two years BRC Company had net i... For the last two years BRC Company had net income as follows:

MC Qu. 24 For the last two years BRC Company had net i...

For the last two years BRC Company had net income as follows:

2011 2012
Net Income $88,000 $108,000

What was the percentage change in income from 2011 to 2012? (round your answer to 2 decimal places.)

18.52% decrease

22.73% decrease

18.52% increase

22.73% increase

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