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18 August, 05:56

Charlie's chocolates inc.'s stockholders made investments of $74,000 and dividends of $32,000. the company has revenues of $107,000 and expenses of $76,000. calculate its net income.

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  1. 18 August, 09:48
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    Net income = revenues - expenses

    N = $107,000 - $76,000 = $31,000

    Net income is $31,000

    Dividends and investments aren't included in net income.
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