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1. Plano Hospital reported the following account balances (in thousands): Administrative expenses Accounts receivable Patient revenue Selling expenses Cost of goods sold Cash dividends
1. Plano Hospital reported the following account balances (in thousands): Administrative expenses Accounts receivable Patient revenue Selling expenses Cost of goods sold Cash dividends paid Cash $ 66,000 140,000 690,000 44,000 425,000 80,000 50,000 How much is net income for Plano Hospital Co.? A. $ 45,000 B. $125,000 C. $105,000 D. $155,000
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Core concepts of accounting information systems
Authors: Jacob M. Rose, Mark G. Simkin, Carolyn Strand Norman
13th edition
978-1-119-0332, 1118742931, 978-1118742938
