The income statement is created by calculating the Revenue minus ...

[tth]

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)

[Jody Vaughn]

Answer to Question 1

TRUE

Answer to Question 2

6.1

[tth]

TYSM

[debra928]

Thanks for the timely response, appreciate it