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The following data were drawn from the accounting records of Fox Company. (Do not round intermediate calculations.) Year 2 Year 1 Revenue $198,000 $165,000 Operating
The following data were drawn from the accounting records of Fox Company. (Do not round intermediate calculations.)
Year 2 | Year 1 | ||||||
Revenue | $198,000 | $165,000 | |||||
Operating Expenses | 111,800 | 86,000 | |||||
Net Income | 86,200 | 79,000 | |||||
If the year to year trends shown in these data continue Multiple Choice: A. revenue for Year 3 will be $237,600. B. operating expenses for Year 3 will be $145,340. C. net income for Year 3 will be $92,260. D. All of the answers are correct | |||||||
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