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    Small Business Management
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    Exam 10: Understanding a Firms Financial Statements
  5. Question
    To Determine His Company's Net Profits,Edward Should
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To Determine His Company's Net Profits,Edward Should

Question 125

Question 125

Multiple Choice

To determine his company's net profits,Edward should


A) subtract cost of goods sold from sales.
B) add interest paid and depreciation.
C) subtract taxes from profits before taxes.
D) add taxes paid and income before taxes.

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