If a veterinary hospitals revenue was $45,000, expenses were $37,500, and dividends were $10,000, the amount of net income or net loss would be which of the following?

Question

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If a veterinary hospitals revenue was $45,000, expenses were $37,500, and dividends were $10,000, then the amount of net income would be $7,500. Dividends do not affect the amount of net income or net loss.

If a Veterinary Hospitals Revenue Was $45,000, Expenses Were $37,500