LeGrand Corporation reported the following amounts in its income statement: Sales revenue Advertising expense Interest expense Salaries expense Utilities expense Income tax expense Cost of goods sold What was LeGrand's operating income? 440,000 60.000 10,000 55,000 25,000 45.000 180,000
LeGrand Corporation reported the following amounts in its income statement: Sales revenue Advertising expense Interest expense Salaries expense Utilities expense Income tax expense Cost of goods sold What was LeGrand's operating income? 440,000 60.000 10,000 55,000 25,000 45.000 180,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question 15
LeGrand Corporation reported the following amounts in its income statement:
Sales revenue
Advertising expense
Interest expense
Salaries expense
Utilities expense
Income tax expense
Cost of goods sold
What was LeGrand's operating income?
440,000
60,000
10.000
55.000
25.000
45.000
180,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F91323c9d-1e4d-4b86-a663-f6a891c9fab2%2F1772686f-2fe7-4e7f-84ec-6f99c0f8b322%2F4tmvncb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:U
Question 15
LeGrand Corporation reported the following amounts in its income statement:
Sales revenue
Advertising expense
Interest expense
Salaries expense
Utilities expense
Income tax expense
Cost of goods sold
What was LeGrand's operating income?
440,000
60,000
10.000
55.000
25.000
45.000
180,000
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