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( 2 points ) Kirkland & Ellis LLC is a large legal firm, specializing in closings and real estate law in Cleveland. In 2022, they
- (2 points) Kirkland & Ellis LLC is a large legal firm, specializing in closings and real estate law in Cleveland. In 2022, they generated $2,550,000 in sales revenue. Their expenses related to this year's revenue are shown:
| Operating Expenses (including salaries) | 624,000 |
| Cost of Services | |
| Total cost per client | $3,500 |
| Clients served in 2022 | 450 |
Required: Based on the information provided for the year, what was their net operating incom
e?
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Comparative International Accounting
Authors: Christopher Nobes, Robert Parker
14th Edition
1292296461, 978-1292296463
