Multiple Choice
APSCO Lighting, Inc., had a gross profit of $234,000 for the last twelve-month period. Operating expenses were $185,000. What was APSCO's net income before taxes?
A) $490,000
B) $234,000
C) $185,000
D) $49,000
E) $41,000
Correct Answer:
Verified
Correct Answer:
Verified
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