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Schluster Hardware, Inc

Question 88

Multiple Choice

Schluster Hardware, Inc., had a gross profit of $380,000, operating expenses of $210,000, and income taxes of $48,000. What is Schluster's net income after taxes?


A) $122,000
B) $80,000
C) $208,000
D) $170,000
E) $332,000

Correct Answer:

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