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What is ABC company's budgeted net income if 25,000 units are sold at $20 each, cost of goods sold is $10 per unit, operating expenses
What is ABC company's budgeted net income if 25,000 units are sold at $20 each, cost of goods sold is $10 per unit, operating expenses are $50,000, interest expense is $10,000, and the tax rate is 35%?
Question 1 options:
a $130,000
b $200,000
c $123,500
d $156,000
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