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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
Posted: Sun May 29, 2022 4:56 pm
by answerhappygod
- During The Past Year The Growth Corporation Increased Its Sales From 1 000 000 To 2 000 000 And Its Ebit From 250 000 1 (18.68 KiB) Viewed 17 times
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 firm finances the growth in sales by issuing new common stock. The result of this growth will be a higher P/E ratio. O a lower operating profit margin and higher net income. a higher operating profit margin and higher net income. O a lower operating profit margin and lower net income.