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A Firm's Net Profit Margin Increased from 8

Question 37

Multiple Choice

A firm's net profit margin increased from 8.1% to 8.3% from 2014 to 2015.If net income increased from $4.5 million to $5.6 million,what was the change in the firm's sales?


A) $55 million
B) $21 million
C) $0.1 million
D) $11.9 million
E) $1.1 million

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