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Sovereign Foods suffered a $1500,000 loss when the FDA prohibited the sale of food products containing red dye no. 3. On its other products, Sovereign

Sovereign Foods suffered a $1500,000 loss when the FDA prohibited the sale of food products containing red dye no. 3. On its other products, Sovereign Foods had sales of $0.580.000 and costs and other expenses of $6.505.000 Which of the following statements is true? Ognore taxes) Mutale Croce Sovereign Foods reports nets of $1425,000 for the ty Sverige Fos combines the $500,000 wheres of $6.505,000 sqyre

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