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The Nash's Trading Industries has the following account balances: Retained earnings $ 74000 Revenue $362000 Operating Expenses $ 297000 Interest Expense $ 16700 On the
The Nash's Trading Industries has the following account balances: Retained earnings $ 74000 Revenue $362000 Operating Expenses $ 297000 Interest Expense $ 16700 On the corporate income statement what will be the amount reported as "profit" given an income tax rate of 20%? O $ 48300 O $59200 O $38640 O $ 35300
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