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  • 08-03-2024
  • Business
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Nanticoke Industries had the following operating results for 2020: Sales = $31,140; Cost of goods sold = $20,160; Depreciation expense = $5,580; Interest expense = $3,090; Dividends paid = $1,850. At the end of 2020, what is Nanticoke Industries' net income?
A) $5,420
B) $6,700
C) $7,200
D) $8,100

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