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A company reported the following amounts of net income: Year 1 $126,960 Year 2 $153,200 Year 3 $193,488 Which of the followin
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Answer #1

Percentage change from year 2 to 3 = income change from year 2 to 3 / Income of year 2

= (193488-153200)/153200

= 26.3%

Option c is correct answer.

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