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Answer to Question #149005 in Accounting for Glyza
Question #149005
The total revenues is 1,200,00 its expenses is 150,000 what is the net income?
Expert's answer
1200 000-150 000=1050 000
To get a net profit, you need to deduct the amount of income tax from your net income, which is calculated as a percentage of your net income
Learn more about our help with Assignments: Accounting
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