Net income was $500,000 in 2016, $430,000 in 2017, and $525,000 in 2018. What is...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Net income was $500,000 in 2016, $430,000 in 2017, and $525,000 in 2018. What is the percentage of change from (a) 2016 to 2017 and (b) 2017 to 2018? Is the change an increase or a decrease? (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round percentages to 0 decimal places, e.g. 12%.) Increase or (Decrease) Amount Percentage (a) 20162017 $ % (b) 20172018 $ %
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
