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OpenStudy (anonymous):
Satelite Corporation projects a year-end net income of $90,000. The net income represents 12% of its projected annual sales. What are Satelite’s projected annual sales?
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OpenStudy (macielynn):
i think its $7,500
OpenStudy (anonymous):
You are off by a factor of 100. It's $750,000 See the youtube video on changing percentages to decimal. http://www.youtube.com/watch?v=RvtdJnYFNhc
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