Question

a computer company has $3,000,000 in research and development costs. before accounting for these costs, the net income of the company is $2,400,000. what is the amount of net income or loss before taxes after these research and development costs are accounted for?

a.$600,000 loss

b.$2,400,000 net income

c.$0

d.cannot be determined from the information provided

Answer

This answer is hidden. It contains 1 characters.