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bernie2981 bernie2981
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8 years ago
Page's sells books. The following information summarizes the company's operating expenses for the year:

Cost of goods sold    $105,000
Salaries and wages    $23,000
Rent and utilities     $14,000
Marketing    $11,000
Sales revenues      $170,000

What is operating income?
A) $108,000
B) $102,000
C) $12,000
D) $17,000
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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bernie2981 Author
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#2
8 years ago
Answers my question perfectly.
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