Speaking of (and full disclosure: I am not mathematically -inclined), I used to sell $50M of steel per year . . . but if some sales manager gave me that target, I would laugh in his face. I went through a number of sales/marketing managers in my time.
That does sound like a ridiculous increase. Using some other information, my friend has more pieces to add to the puzzle. He’s now convinced that 124 is a typo and is supposed to be 104.
15.5% is more reasonable than 38%.