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Panfood Company had total revenues of 720.000 euros for a recent month. During the month the company incurred operating expenses of 250.000 euros and purchased

Panfood Company had total revenues of 720.000 euros for a recent month. During the month the company incurred operating expenses of 250.000 euros and purchased land for 100.000 euros. Compute the amount of Panfood net income for the month

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