Percentage change in net income


Problem:

A company reported $65,000 of income for year 1; $70,000 for year 2; and $80,000 for year 3.

Required:

Question: What is the percentage change in net income from year 2 to year 3?

Note: Please provide through step by step calculations.

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Accounting Basics: Percentage change in net income
Reference No:- TGS0883279

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