Author: irfan_m1973 Subject: Test CODE – 52; Section 1 ; Question 8 Posted: Tue Dec 01, 2009 1:12 am (GMT -8) In 1982 and 1983, Company B’s operating expenses were $12.0 million and $14.0 million, respectively, and its revenues were $15.6 million and $18.8 million, respectively. What was the percent increase in Company B’s Profit (revenues minus operating expenses) from 1982 to 1983? (A) 3% (B)16 2/3% (C) 25% (D) 33 1/3% (E) 60%

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Problem Solving :: Test CODE – 52; Section 1 ; Question 8