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On December 31, Sleek Corporation reported, on its annual report, the following (in millions): Year 2 Year 1 Operating income $4,380.5 $3,781.1 Net earnings $2,959.8
On December 31, Sleek Corporation reported, on its annual report, the following (in millions):
Year 2 | Year 1 | |
---|---|---|
Operating income | $4,380.5 | $3,781.1 |
Net earnings | $2,959.8 | $2,759.3 |
Calculate year-over-year increase or (decrease) in net earnings, in percentage terms.
Select one:
a. 7.3%
b. 15.9%
c. 17.3%
d. 6.8%
e. None of the these are correct.
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