_________ A fi rm had gross profi ts from sales in the amount of $180,000, operating expenses

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_________ A fi rm had gross profi ts from sales in the amount of $180,000, operating expenses of $90,000, and federal income taxes of

$20,000. What was the fi rm’s net income after taxes?

a. $10,000

b. $20,000

c. $70,000

d. $90,000

e. $200,000

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Foundations Of Business

ISBN: 9781111580155

3rd Edition

Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor

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Question Posted: Sep 18, 2024 05:01 AM

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_________ A fi rm had gross profi ts from sales in the amount of $180,000, operating expenses

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Foundations Of Business

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