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point) The following amounts appeared in the accounting records of XYZ Inc. for the year: Operating expenses $40000 Net income $6000 Interest expense $40000 Dividends
point) The following amounts appeared in the accounting records of XYZ Inc. for the year: Operating expenses $40000 Net income $6000 Interest expense $40000 Dividends paid $25000 Income tax expense $40000 Deferred revenue $50000 There were no other expenses. What was XYZ Inc.'s sales for the year? Your Answer: Answer Question 11 (1 point)
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