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QUESTION
Compute net accounting profit based on the following information: sales revenue = $50,000; variable costs = $35,000; fixed costs = $5000;...
Compute net accounting profit based on the following information: sales revenue = $50,000; variable costs = $35,000; fixed costs = $5000; depreciation expense = $1000; and tax rate 15%.
Choose from the following:
A. $8,500
B. $7,650
C. $8,865
D. $9,000
