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Other Fields Homework Help Accounting Topic started by: H3Ko on Aug 29, 2016



Title: The following information relates to Nebula, Inc.Sales Revenue$240,000Cost of Goods ...
Post by: H3Ko on Aug 29, 2016
The following information relates to Nebula, Inc.

Sales Revenue   $240,000
Cost of Goods Sold   160,000
Interest Revenue   10,000
Operating Expenses   40,000
Sales Discounts   20,000
Sales Returns and Allowances   7,000

Calculate the operating income.
A) $240,000
B) $70,000
C) $13,000
D) $23,000


Title: Re: The following information relates to Nebula, Inc.Sales Revenue$240,000Cost of Goods ...
Post by: Tanks on Aug 29, 2016
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Title: Re: The following information relates to Nebula, Inc.Sales Revenue$240,000Cost of Goods ...
Post by: H3Ko on Oct 12, 2016
I just realized you had posted this! Thanks so much