Solved

If a Company Has $152,000 of Revenues,declares and Pays $55,000

Question 10

Multiple Choice

If a company has $152,000 of revenues,declares and pays $55,000 in dividends,and has net income of $89,000,how much were expenses for the year?

A) $8,000
B) $63,000
C) $144,000
D) Unable to determine the amount due to incomplete information.

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