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If a Veterinary Hospitals Revenue Was $45,000, Expenses Were $37,500

Question 220

Multiple Choice

If a veterinary hospitals revenue was $45,000, expenses were $37,500, and dividends were $10,000, the amount of net income or net loss would be which of the following?


A) $2,500 net loss
B) $8,500 net loss
C) $7,500 net income
D) $8,500 net income

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