Net income was $230,000 in 2010, $250,000 in 2011, and $275,000 in 2012. The change...

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Accounting

Net income was $230,000 in 2010, $250,000 in 2011, and $275,000 in 2012. The change from 2011 to 2012 is an increase of

10 percent

5 percent

20 percent

8 percent

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