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What is the amount of the firm gross income

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Reference no: EM133012299

Problem 1: A firm reports the following income statement items: sales of PhP60,550,000; income tax of PhP1,744,000; operating expenses of PhP10,115,000; cost of goods sold PhP34,025,000; and interest expense of PhP750,000. What is the amount of the firm's gross income?

Reference no: EM133012299

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