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(a) If Nimoy Company had net income of $350,000 in 2013 and it experienced a 22.4% increase in net income for 2014, what is its net income for 2014?
(b) If five cents of every dollar of Nimoy revenue is net income in 2013, what is the dollar amount of 2013 revenue?
This question was answered on: Oct 24, 2017
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