Net income was 500000 in 2015 485000 in 2016 and 518400 in


Question: Net income was $500,000 in 2015, $485,000 in 2016, and $518,400 in 2017. What is the percentage of change from

(a) 2015 to 2016, and

(b) from 2016 to 2017? Is the change an increase or a decrease?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Accounting Basics: Net income was 500000 in 2015 485000 in 2016 and 518400 in
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