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What is the dollar amount of 2011 revenue

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(a) 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?

(b) If 6 cents of every dollar of Lind's revenue is net income in 2011, what is the dollar amount of 2011 revenue? 

Reference no: EM131146549

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