Dollar of lind revenue is net income


If Lind Company had net income of $300,000 in 2011 and it experienced a 24.5% increase in net income for 2012, what is its net income for 2012? If 6 cents of every dollar of Lind's revenue is net income in 2011, what is the dollar amount of 2011 revenue?

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Accounting Basics: Dollar of lind revenue is net income
Reference No:- TGS0679169

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