A company reports the following amounts at the end of the current year: ...

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Accounting

A company reports the following amounts at the end of the current year:
Sales revenue
$
860,000
Selling expense
250,000
Gain on sale of investments
30,000
Interest expense
10,000
Cost of goods sold
520,000
Under normal circumstances (ignoring tax effects), permanent earnings would be computed as:
A) $90,000.
B) $110,000.
C) $80,000.
D) $50,000.

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