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The Office Corporation had the following financial information available: Year 3 Year 2 Year 1 Revenues 184,764 179,410 174,184 Expenses 67,420 66,098 63,554 Net Income
The Office Corporation had the following financial information available:
| Year 3 |
| Year 2 |
| Year 1 |
Revenues | 184,764 |
| 179,410 |
| 174,184 |
Expenses | 67,420 |
| 66,098 |
| 63,554 |
Net Income | 117,344 |
| 113,312 |
| 110,630 |
In a horizontal analysis, what is the company's relative change in net income for Year 3? Convert your final answer to a percentage, round to one decimal place
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