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MISSOURI STATUTES AND CODES
92.240. Net profits, how ascertained (Kansas City and St. Joseph).
Net profits, how ascertained (Kansas City and St. Joseph).
92.240. The net profits or earnings of associations,businesses or other activities, and corporations shall beascertained and determined by deducting the necessary expenses ofoperation from the gross profits or earnings.
(L. 1963 p. 152 ยง 3)
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