A company reported net income of $80,000 for 2012, and net income of $100,000 for 2013. Net income increased by ____________________ percent.
Correct Answer:
Verified
Q2: A decrease in cost of goods sold
Q7: On a comparative balance sheet that shows
Q9: In vertical analysis, it is customary to
Q14: Since each firm is a unique entity,comparison
Q16: Comparison of amounts and percentages for only
Q18: When horizontal analysis is performed, no percentage
Q19: The current ratio is a measure of
Q23: The price-earnings ratio compares the present market
Q26: Quick assets include cash, receivables, and inventories.
Q36: The rate of return on total assets
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