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Charlie's Chocolates' Stockholders Made Investments of $50,000 and Received Dividends

Question 64

Multiple Choice

Charlie's Chocolates' stockholders made investments of $50,000 and received dividends of $20,000.The company has revenues of $83,000 and expenses of $64,000.Calculate its net income.


A) $30,000.
B) $83,000.
C) $64,000.
D) $19,000.
E) $49,000.

Correct Answer:

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