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Question - Hogan Industries sold 102 units at a selling price per unit of $63 in 2015. The company's cost of goods sold was $4,730 and operating expenses were $600. If Hogan Industries has a tax rate of 35%, what is the company's net income for 2015 (rounded to whole dollars)?
a. $1,102
b. $1,096
c. $767
d. $712
You must be sure that the sources of opinion testimony are trusted by your listeners because opinion testimony cannot be verified, it must simply be accepted.
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