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 2013 to 2014 was:

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The percentage change in net income from 2013 to 2014 is calculated as follows:Percentage change = (Change in net income / Net income in previous year) * 100= (($90,000 - $80,000) / $80,000) * 100= (10,000 / 80,000) * 100= 0.125 * 100= 12.5%

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