Wiley Company had total revenues of $300,000 for a recent month. During the month the company incurred

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Wiley Company had total revenues of $300,000 for a recent month. During the month the company incurred operating expenses of $205,000 and purchased land for $55,000. Compute the amount of Wiley’s net income for the month.

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Financial Accounting

ISBN: 978-0077862381

16th edition

Authors: Jan Williams, Susan Haka, Mark S Bettner, Joseph V Carcello

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