Brief Exercise 13-6
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Net income was $501,000 in 2015, $471,000 in 2016, and $519,000
in 2017. What is the percentage of change from (a) 2015 to 2016,
and (b) from 2016 to 2017? 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)
2015–2016
$
-30000...