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A company has revenues of $50,000, expenses other than income tax expense of $20,000, and dividends of $5,000. If the tax rate is 30%, what
A company has revenues of $50,000, expenses other than income tax expense of $20,000, and dividends of $5,000. If the tax rate is 30%, what is the company's net income? A) $30,000 B) $35,000 C) $14,000 D) $21,000
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