A Company Reported $75,000 of Income for 2012, $80,000 for 2013

question 5

Multiple Choice

A company reported $75,000 of income for 2012, $80,000 for 2013, and $90,000 for 2014. The percentage change in net income from 2012 to 2013 was:

• A) 6.7%
• B) 6.25%
• C) 5.9%
• D) 10.7%

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Definitions:

Geocentric Attitudes

A worldview that considers all cultures as potentially valuable and seeks to integrate diverse perspectives in a global context.

Cultural Intelligence

The capability to function effectively in culturally diverse settings, understanding and adapting to cultural differences.

Masculinity-Femininity Dimension

A cultural dimension that describes the distribution of roles between the genders in a society and the value placed on masculine or feminine traits.

Regional Alliances

Partnerships or collaborations formed between entities within a specific geographic area to pursue common goals.