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Indiana Ltd reported a 2 percent decrease in income for its first quarter in 2020. But it also reported an increase in revenue. Its share

Indiana Ltd reported a 2 percent decrease in income for its first quarter in 2020. But it also reported an increase in revenue. Its share price increased in response to the report.

In your opinion, what two potential explanations could describe an increase in Indiana Ltds share price despite a decrease in its income? (4 marks)

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