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QUESTION

Willis Company made a $150,000 investment in new machinery. Assuming the company's margin is 4%, what income will be earned if the investment

Willis Company made a $150,000 investment in new machinery. Assuming the company's margin is 4%, what income will be earned if the investment generates $375,000 in additional sales? (Do not round intermediate calculations.)

Multiple Choice

  • $6,000.
  • $15,000.
  • $225,000.
  • None of these.
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