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    Profit by increasing overall sales

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    The president of a company realized the company can increase my sales by 15% and in the upcoming year make over $35, 000,000.00 in sales overall. Previous sales slipped 4% the previous year and had to pay a fine of $4.4 million to the Federal Government. Given this information how much did the company make in the previous year?

    © BrainMass Inc. brainmass.com October 10, 2019, 3:57 am ad1c9bdddf
    https://brainmass.com/business/business-math/profit-increasing-overall-sales-442715

    Solution Preview

    Step 1:

    Let x be the sales the company made during the previous year. This is the base year at 100%.

    If they increased the sales by 15%, the company would make over $35, 000,000.00 in sales next ...

    Solution Summary

    This solution answers how much did the company make in the previous year.

    $2.19