Multiple Choice
During 2015 a company makes cash sales of $900 000.It pays $300 000 in expenses and owes $90 000 for services it received in 2015 but payable in 2016.It pays $150 000 in dividends.What is the profit for 2015?
A) $360 000
B) $510 000
C) $600 000
D) None of the answers provided
Correct Answer:
Verified
Correct Answer:
Verified
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