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Business, 28.06.2019 15:00 llamasking

Afinancial analyst at spj manufacturing corporation has assembled the following data for the last fiscal year. all data is in millions (m). gross sales $10m returns and allowances $1m cost of goods sold $3m operating expenses $2m interest expenses $0.5m taxes $0.1m cash dividends $0.4m common stock $1m what is the net income or loss for the spj manufacturing corporation for the last fiscal year? a. net loss of $3m b. net income of $4m c. net loss of $4m d. net income of $3m

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