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A Computer Company Has $4000000 in Research and Development Costs

Question 179

Multiple Choice

A computer company has $4000000 in research and development costs.Before accounting for these costs the net income of the company is $4800000.What is the amount of net income or loss before taxes after these research and development costs are accounted for?


A) $800000 net loss.
B) $4000000 net income.
C) $800000 net income.
D) Cannot be determined from the information provided.

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