Net Income Was $45,000 in Year 1 and $60,000 in Year

question 63

Multiple Choice

Net income was $45,000 in Year 1 and $60,000 in Year 2.The percentage increase in net income was:

• A)33.33%.
• B)133.33%.
• C)(25%).
• D)(33.33).

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Definitions:

Calcification

is the accumulation of calcium salts in a body tissue, making that tissue hard and rigid.

Proliferation

Proliferation refers to the rapid multiplication of cells or organisms, often used in the context of cellular biology and cancer research.

Intramembranous Ossification

A process by which bone tissue is formed directly on or within fibrous membranes, primarily occurring in the cranial bones of the skull and the clavicles.

Endochondral Ossification

The process by which bone tissue is formed from cartilage, contributing to the growth and development of the skeletal system.