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  3. during the current fiscal year, a company had reve

During the current fiscal year, a company had revenues of $530,000, cost of goods sold...

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Accounting

During the current fiscal year, a company had revenues of $530,000, cost of goods sold of $380,000, and an income tax rate of 35 percent on income before income taxes. What was the company's current year net income? A)52500 B)185500 C)97500 D) 530,000

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