The net income for Uzma Ltd was R400 000 in 2003 and R160 000 in...

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Accounting

The net income for Uzma Ltd was R400 000 in 2003 and R160 000 in 2004. What percentage increase in net income must achieve in 2005 to offset the decline in profits in 2004? Select one: a. 70% b. 150% c. 200% d. 60%

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