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Tiana works as an accountant for Hudson Boatworks. After careful analysis, she knows the company has revenues of $200,000, operating expenses of $100,000, taxes of
Tiana works as an accountant for Hudson Boatworks. After careful analysis, she knows the company has revenues of $200,000, operating expenses of $100,000, taxes of $20,000, and a cost of goods of $40,000. Using this information, Tiana reports that Hudson Boatworks has a O A. gross income of $60,000 B. net income of $40,000 O C. net loss of $160,000 OD. gross profit of $40,000
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