Multiple Choice
A computer company has $2800000 in research and development costs. Before accounting for these costs the net income of the company is $2000000. What is the amount of net income or loss after these R & D costs are accounted for?
A) $800000 loss
B) $2000000 net income
C) $0
D) Cannot be determined from the information provided.
Correct Answer:
Verified
Correct Answer:
Verified
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