Net income was $520,000 in 2016, $430,000 in 2017, and $515,000 in 2018. What is the percentage of change from (a) 2016 to 2017 and (b) 2017 to 2018? Is the change an increase or a decrease?
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- 1 Net income was $500,000 in 2016, $490,000 in 2017, and $520,000 in 2018. What is the percentage of change from (a) 2016 to 2017, and (b) from 2017 to 2018? Is the change an increase or a decrease?Sales are $2.45 million in 2020, $2.55 million in 2021, and $2.35 million in 2022.What is the percentage change from 2020 to 2021? What is the percentage change from 2021 to 2022? Be sure to indicate whether the percentage change is an increase or a decrease. (Round your answers to 1 decimal place.)Net income was $519,000 in 2020, $482,000 in 2021, and $525,000 in 2022. What is the percentage of change from (a) 2020 to 2021, and (b) from 2021 to 2022? Is the change an increase or a decrease? (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) Amount Percentage (a) 2020-2021 $Enter an increase or decrease in dollars. Enter an increase or decrease in percentages rounded to 0 decimal places. % Select between increase and decrease (b) 2021-2022 $Enter an increase or decrease in dollars. Enter an increase or decrease in percentages rounded to 0 decimal places. % Select between increase and decrease
- Net income was $506,000 in 2020, $471,500 in 2021, and $539,000 in 2022. What is the percentage of change from (a) 2020 to 2021. and (b) from 2021 to 2022? Is the change an increase or a decrease? (If amount and percentage are a decrease show the numbers as negative, e.g.-55,000, -20 % or (55,000), (20%). Round percentages to O decimal places, e.g. 12%) (a) 2020-2021 $ (b) 2021-2022 $ Amount Percentage % %Net income was $504,500 in 2020, $489,000 in 2021, and $526,500 in 2022. What is the percentage of change from (a) 2020 to 2021, and (b) from 2021 to 2022? Is the change an increase or a decrease? (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) Amount Percentage (a) 2020-2021 $Enter an increase or decrease in dollars. Enter an increase or decrease in percentages rounded to 0 decimal places. % Select between increase and decrease IncreaseDecrease (b) 2021-2022 $Enter an increase or decrease in dollars. Enter an increase or decrease in percentages rounded to 0 decimal places. % Select between increase and decrease IncreaseDecreaseUse the table below to answer the following questions. a. Calculate the growth rate of real GDP for each year from 2017 to 2021: (Enter your responses rounded to two decimal places and include a minus sign if necessar Real GDP Annual Growth rate of Real Year (Billions of 2012 dollars) GDP 18,079 18,607 2017 2018 2.92 % 2019 19,033 2.28 % 2020 18,385 -3.40 % 2021 19,427 5.66 % *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis. b. Calculate the average annual growth rate of real GDP for the period from 2017 to 2021. Average annual growth rate =%. (Enter your response rounded to two decimal placos.)
- Net income was $500,000 in 2023, $485,000 in 2024, and $518,400 in 2025. What is the percentage of change (a) from 2023 to 2024, and (b) from 2024 to 2025? Is the change an increase or a decrease? (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.) (a) (b) 2023-2024 2024-2025 $ $ Amount Percent % %Net income was $364,000 in 2017 and $418,600 in 2018. The year- to-year percent change in net income is: Group of answer choices 15%. 13%. $54,600. 87%.Sales are $2.6 million in 2020, $2.7 million in 2021, and $2.5 million in 2022. What is the percentage change from 2020 to 2021? What is the percentage change from 2021 to 2022? Be sure to indicate whether the percentage change is an increase or a decrease.
- Please describe what is meant by “Times Interest Earned.” How is it calculated? Suppose you calculated this ratio for a company for two consecutive years and the results were the following: year 2018 – 24.0 year 2017 – 28.0 Please interpret the results. What conclusions can you draw?Net income was $501,500 in 2020, $491,000 in 2021, and $523,500 in 2022. What is the percentage of change from (a) 2020 to 2021, and (b) from 2021 to 2022? Is the change an increase or a decrease? (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, es. 12%.) Amount Percentage (a) 2020-2021 %24 -10,500 -4 Decrease: (b) 2021-2022 32.500 11 Increase :Gross Profit for 2024 was $150,000 and for 2025 was \$200,000 . What is the percentage of increase or decrease in Gross Profit for the two periods?