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A company reports the following income statement data: Dec 31, 2011 Dec 31, 2010 Total Revenue 967,550 635,420 Total Expenses 871,350 559,695 True or False

A company reports the following income statement data:

Dec 31, 2011 Dec 31, 2010

Total Revenue 967,550 635,420

Total Expenses 871,350 559,695

True or False The companys net profitability was higher in 2011 than in 2010.

a) True

b) False

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