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Net Income Was $364,000 in 2017 and $418,600 in 2018 percent change\bold{\text{percent change}}

Question 42

Multiple Choice

Net income was $364,000 in 2017 and $418,600 in 2018.The year- to-year percent change\bold{\text{percent change}} in net income is:


A) 15%.
B) $54,600.
C) 87%.
D) 13%. (418600-364000) /364000 = 15%.

Correct Answer:

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