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Last Year,MacTeck Enterprises Had Total Revenues of $34 Million While

Question 27

Multiple Choice

Last year,MacTeck Enterprises had total revenues of $34 million while its total expenses were $22 million.Based on this information,MacTeck:

A) earned a profit of $12 million.
B) earned a profit of $56 million.
C) suffered a loss of $12 million.
D) suffered a loss of $22 million.

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