A Company Reported Net Income of $84,000 for 2019, and Net

question 46

Short Answer

A company reported net income of $84,000 for 2019, and net income of $107,520 for 2020. Net income increased by---------- percent.

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Definitions:

Synapomorphy

A characteristic or feature present in an ancestral species and shared exclusively (in more or less modified form) by its evolutionary descendants.

Homologous Traits

Features in different species that are similar because of a common evolutionary origin, not necessarily similar in function.

Common Ancestor

The common ancestor refers to an ancestral species or population from which two or more species have evolved, highlighting the concept of evolution and shared lineage.

Extant Cetaceans

Currently living whale, dolphin, and porpoise species that are members of the order Cetacea.