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A business's profit-and-loss statement contains the following financial information: Total revenue: $100,000; Cost of goods sold: $39,000; Expenses: $48,000. What is the business's net profit?

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A business's profit-and-loss statement contains the following financial information: Total revenue: $100,000; Cost of goods sold: $39,000; Expenses: $48,000. What is the business's net profit?






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