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%
Correct Answer:
Verified
Q2: It is generally considered more useful to
Q6: Horizontal analysis is the study of percentage
Q9: Given the following data: Q11: The percentage change in any individual item Q14: Which of the following would be most Q15: When calculating trend percentages,all percentages shown are Q16: Hamilton Corporation reports the following data: Q17: The analysis of percentage changes in comparative Q17: A company reported $75,000 of income for Q19: Most investors only need one year's worth![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents