Net Income Was $65,000 in Year 1 and $50,000 in Year

question 98

Multiple Choice

Net income was $65,000 in Year 1 and $50,000 in Year 2. The percentage increase or decrease in net income was:

• A) 30.00%.
• B) 76.92%.
• C) -23.08%.
• D) -30.00%.

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