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Determine the Net Income of a Company for Which the Following

Question 227

Multiple Choice

Determine the net income of a company for which the following information is available.
Employee salaries expense……………..$180,000
Interest expense………………………… 10,000
Rent expense……………………………. 20,000
Consulting revenue……………………..400,000


A) $190,000
B) $210,000
C) $230,000
D) $400,000
E) $610,000

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