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During the current fiscal year, a company had revenues of $370,000, cost of goods sold of $230,000, and an income tax rate of 35 percent

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During the current fiscal year, a company had revenues of $370,000, cost of goods sold of $230,000, and an income tax rate of 35 percent on income before income taxes. What was the company's current year net income? Multiple Choice $49,000 $370,000 $91,000 $129,500 Multiple Choice $49,000 $370,000 $91,000 $129,500

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