During the Year,Pizza Company,Inc

question 197

Multiple Choice

During the year,Pizza Company,Inc.had $100,000 in revenues,$40,000 in expenses,and paid $3,000 in dividends.Net income equals:

• A) $63,000.
• B) $57,000.
• C) $100,000.
• D) $60,000.

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Definitions:

Economy Booms

A period of rapid economic growth and expansion characterized by high employment, increasing consumer confidence, and elevated business production.

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