Goelzer Company reports the following trend percentages for net income: Given the above data, which statement is FALSE?
A)When compared to 2015, net income is falling in 2016.
B)Net income is increasing in 2014 and 2015.
C)Net income is lower in 2017 than in 2013.
D)Net income is higher in 2017 than in 2013.

Question

Goelzer Company reports the following trend percentages for net income:  Given the above data, which statement is FALSE?
A)When compared to 2015, net income is falling in 2016. 
B)Net income is increasing in 2014 and 2015. 
C)Net income is lower in 2017 than in 2013. 
D)Net income is higher in 2017 than in 2013.

Quizplus · Accepted Answer

The Answer of Goelzer Company reports the following trend percentages for net income:  Given the above data, which statement is FALSE?
A)When compared to 2015, net income is falling in 2016. 
B)Net income is increasing in 2014 and 2015. 
C)Net income is lower in 2017 than in 2013. 
D)Net income is higher in 2017 than in 2013.

Goelzer Company Reports the Following Trend Percentages for Net Income