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What did tread company report for net income

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Question - The Tread Company's December 31 financial statements reported the following (in millions):

Sales $30,316

Cost of sales 21,944

Other expenses (excluding cost of sales) 5,804

Required - What did Tread Company report for net income for the year ended December 31?

a. $8,372 million

b. $2,568 million

c. $16,140 million

d. $14,176 million

e. $58,064 million

Reference no: EM132699307

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