Determine the Net Income of a Company for Which the Following

question 227

Multiple Choice

Determine the net income of a company for which the following information is available.
Employee salaries expense……………..$180,000
Interest expense………………………… 10,000
Rent expense……………………………. 20,000
Consulting revenue……………………..400,000

• A)$190,000
• B)$210,000
• C)$230,000
• D)$400,000
• E)$610,000

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