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Author Question: The income statement is created by calculating the Revenue minus the expenses to determine a net ... (Read 121 times)

tth

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on: Jun 24, 2018
The income statement is created by calculating the Revenue minus the expenses to determine a net income or net loss.
  Indicate whether the statement is true or false

Question 2

Joe Morris earned 27,750 last year. He received a raise this year, and earned 29,450. What was the percentage rate of his increase? (Round to the nearest tenth of a percent)


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Jody Vaughn

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

6.1


tth

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

daiying98

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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