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Homework answers / question archive / The current year’s amount of net income (after income tax) is 20% larger than that of the preceding year

The current year’s amount of net income (after income tax) is 20% larger than that of the preceding year

Accounting

The current year’s amount of net income (after income tax) is 20% larger than that of the preceding year. Does this indicate an improved operating performance? Discuss.

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