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2. A firm's net profit margin increased from 3.2% to 3.8% from 2014 to 2015. If total sales increased from $312 million in 2014
2. A firm's net profit margin increased from 3.2% to 3.8% from 2014 to 2015. If total sales increased from $312 million in 2014 to $345 million in 2015, what was the increase in net income?
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To find the increase in net income we first need to calculate the net income for both 2...
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Fundamentals of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
1st canadian edition
978-0133400694
