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Exeter Corporation Had Net Income of $3,000,000 in 2016

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Essay

Exeter Corporation had net income of $3,000,000 in 2016. Using 2016 as the base year, net income decreased by 40% in 2017 and increased by 110% in 2018.
Instructions
Compute the net income reported by Exeter Corporation for 2017 and 2018.


Definitions:

Dominant Males

Males who hold the highest rank or status within a social or hierarchical group, often having priority access to resources or mates.

Functional Units

Components or parts of a system that work together to perform a specific function or task.

Heredity

The genetic transmission of characteristics from parents to offspring, influencing traits such as eye color, height, and susceptibility to certain diseases.

Chromosomes

Within every cell, rod-shaped structures that carry the genes.

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