Net income was ($ 500,000) in (1995, $ 420,000) in 1996 , and ($ 504,000) in 1997.

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Net income was $\$ 500,000$ in $1995, \$ 420,000$ in 1996 , and $\$ 504,000$ in 1997. What is the percentage of change from (1) 1995 to 1996 and (2) 1996 to 1997? Is the change an increase or a decrease?

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Financial Accounting

ISBN: 9780471169208

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jun 14, 2024 01:30 AM

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Net income was ($ 500,000) in (1995, $ 420,000) in 1996 , and ($ 504,000) in 1997.

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Financial Accounting

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