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Accounting Flow Intuition: BASE Formula
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Accounting Flow Intuition: BASE Formula
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2. Transaction Analysis / Accounting Flow Intuition: BASE Formula / Problem 8
Problem 8
A company reports revenues of \$50,000 and expenses of \$30,000. What is the net income?
A
\$80,000
B
\$30,000
C
\$20,000
D
\$50,000
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