Net income was 500000 in 2010 485000 in 2011 and 518400 in


1. Net income was $500,000 in 2010, $485,000 in 2011, and $518,400 in 2012. What is the percentage of change from 

(a) 2010 to 2011, and 

(b) From 2011 to 2012? Is the change an increase or a decrease? 

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Accounting Basics: Net income was 500000 in 2010 485000 in 2011 and 518400 in
Reference No:- TGS01529934

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