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If six cents of every dollar of Peoples revenue is net income in 2014, what is the dollar amount of 2014 revenue?

(a)If Peoples Company had net income of $390,000 in 2014 and it experienced a 24.5% increase in net income for 2015, what is its net income for 2015?

(b)If six cents of every dollar of Peoples revenue is net income in 2014, what is the dollar amount of 2014 revenue?

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