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A firm reports a net margin of 5.00%. The firm has 1,656,320.00 million shares outstanding. The firm has invested in a new product that will
A firm reports a net margin of 5.00%. The firm has 1,656,320.00 million shares outstanding. The firm has invested in a new product that will increase sales by $4,290,600.00 million this year.
a. What will be the increase in earnings this year if the sales increase occurs?
b. What will be the increase in earnings per share?
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