Short Answer
At Lexi Corp., sales revenue is $20 million, the cost of goods sold is $14 million, operating expenses are $3 million, and income taxes are $1 million. What is the company's net income?
$6 million
$17 million
$16 million
$2 million
The answer cannot be computed with the information provided
Correct Answer:
Verified
Correct Answer:
Verified
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