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Central City Taxis had net sales of $500,000, a cost of goods sold of $120,000 , operating expenses of $80,000, and paid

Posted: Thu Apr 28, 2022 11:25 am
by answerhappygod
Central City Taxis had net sales of $500,000, a
cost of goods sold of $120,000 , operating expenses
of $80,000, and paid $5,500 in taxes. What was the
net income after taxes?
$294,500
$285,000
$300,500
$275,000