a-company-reports-500000-in-revenues-and-350000-in-expenses-for-the-fiscal-year-

Question

A company reports $500,000 in revenues and $350,000 in expenses for the fiscal year. What is the net income?

Accepted Answer

$150,000

Answer

$850,000

Answer

$500,000

Answer

$350,000

A company reports \$500,000 in revenues and \$350,000 in expenses for the fiscal year. What is the net income?