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14. Net Income after tax on the Income Statement for a Corporation: a. Can be measured on a market value basis b. Is either distributed

14. Net Income after tax on the Income Statement for a Corporation:

a. Can be measured on a market value basis

b. Is either distributed to owners as dividends, or added to Paid In Capital

c. Is either distributed to owners as dividends, or added to Retained Earnings

d. Is calculated by adding back depreciation because it is a non-cash expense.

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