The employees of Royal Clothes achieved all of the sales goals for 2017.Royal decides to reward the employees with a bonus of 20% on annual net income,after deducting the bonus.The net income before the calculation of the bonus is $312,000.What is the amount of the bonus?
A) $62,400
B) $52,000
C) $55,059
D) $12,480
Correct Answer:
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