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During the past year the growth corporation increased its sales from $1,000,000 to $2,000,000 and its EBIT from $250,000 to $400,000. The result of this
During the past year the growth corporation increased its sales from $1,000,000 to $2,000,000 and its EBIT from $250,000 to $400,000. The result of this growth will be
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a higher operating profit margin and higher net income
. a lower operating profit margin and lower net income
. a lower operating profit margin and higher net income.
a higher P/E ratio.
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