Multiple Choice
Begeman Company's net income was $225,000 for 2018, $243,750 for 2019, and $293,160 for 2020. Assume trend percentages for net income over the three-year period are computed with 2018 serving as the base year.
The trend percentage for 2020's net income is:
A) 117.30%
B) 120.92%
C) 130.29%
D) 86.36%
Correct Answer:
Verified
Correct Answer:
Verified
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