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    Exam 17: Using Management and Accounting Information
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    Wallace Plumbing Company Had Income from Operations of $110,000
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Wallace Plumbing Company Had Income from Operations of $110,000

Question 192

Question 192

Multiple Choice

Wallace Plumbing Company had income from operations of $110,000. It paid federal income taxes of $26,000. What was the firm's net income after taxes?


A) $144,000
B) $98,000
C) $84,000
D) $22,000
E) $12,000

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