itsyeboi1549 itsyeboi1549

02-01-2024
Business

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A firm had gross profits from sales in the amount of $180,000; operating expenses of $90,000; and federal income taxes of $20,000. What was the firm's net income after taxes?

A. $10,000
B. $20,000
C. $70,000
D. $90,000
E. $200,000

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