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Study the income statement of TELUS Corporation (p

Study the income statement of TELUS Corporation (page 523), and answer these questions about the company: 1. How much operating income did TELUS earn on operating revenue? How much was income before taxes? How much was net income? 2. What dollar amount of net income would most sophisticated investors use to predict TELUS s net income for the next year? Name this item, give its amount, and state your reason.

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