SOLUTION: Can someone please, please help me with this problem: Prater Company made a $100,000 investment in new machinery. Assuming the company's margin is 4%, what income will be earned

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Question 176770: Can someone please, please help me with this problem:
Prater Company made a $100,000 investment in new machinery. Assuming the company's margin is 4%, what income will be earned if the investment generates $300,000 in additional sales?
a. $40,000
b. $12,000
c. $200,000
d. none of the above
Answer by Mathtut(3670) About Me  (Show Source):
You can put this solution on YOUR website!
D. none of the above
:
100000(.04)=$4000