Question
On December 31, Sleek Corporation reported, on its annual report, the following (in millions): Year 2 Year 1 Operating income $4,589.1 $3,961.1 Net earnings $3,100.8
On December 31, Sleek Corporation reported, on its annual report, the following (in millions):
Year 2 Year 1
Operating income $4,589.1 $3,961.1
Calculate year-over-year increase or (decrease) in net earnings, in percentage terms.
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Financial Accounting
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
12th edition
134725980, 9780134726656 , 978-0134725987
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