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    Financial Accounting Information for Decisions
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    Exam 9: Reporting and Analyzing Current Liabilities
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    If a Company Paid $350,000 in Bonuses,and Net Income Prior
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If a Company Paid $350,000 in Bonuses,and Net Income Prior

Question 36

Question 36

Multiple Choice

If a company paid $350,000 in bonuses,and net income prior to the bonus was $4,200,000,what was the bonus percentage offered to the employees?


A) 6.2%
B) 5.7%
C) 9.1%
D) 8.3%
E) 6.8%

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