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Net income was $450,000 in 2023, $427,500 in 2024, and $465,975 in 2025. What is the percentage of change (a) from 2023 to 2024,
Net income was $450,000 in 2023, $427,500 in 2024, and $465,975 in 2025. What is the percentage of change (a) from 2023 to 2024, and (b) from 2024 to 2025? Is the change an increase or a decrease? (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000). (20%). Round percentages to O decimal places, e.g. 12%) (a) 2023-2024 (b) 2024-2025 Amount Percent % Decrease % Increase
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