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Which company reported?

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by sanju09 » Fri Jan 30, 2009 4:43 am
Which company reported the larger dollar increase in earnings?

1. Company A reported that its earnings increased by 5%.

2. Company B reported that its earnings increased by 7%.

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by krisraam » Fri Jan 30, 2009 9:08 am
IMO E.

5% increase can be greater than 7% based on what we are calculating the % againt.

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Raama
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by Uri » Fri Jan 30, 2009 10:01 am
Unofficial Answer: (E). We can not equate percentage change with exact change in number.

Sanju, could you please provide the OA (Official Answers) for your questions?
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by ajmoney09 » Fri Jan 30, 2009 12:21 pm
E. You cant tell which company made the larger increase without seeing the number the percentages are multiplied against....


Company A could a made a million while company B made 2 billion, but it could be vis versa ...
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by sanju09 » Mon Feb 02, 2009 2:48 am
Uri wrote:Unofficial Answer: (E). We can not equate percentage change with exact change in number.

Sanju, could you please provide the OA (Official Answers) for your questions?
:) It's strange, if you you are still in doubt. please see the comments of our other links, who provide the OA of this problem.
The mind is everything. What you think you become. –Lord Buddha



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