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Refer to the following given information. The cost of inventory sold to customer 220,000 Advertising expenses 25,000 Administrative salary expenses 80,000 Issued common stock 75,000 Interest income 10,000 Insurance expense 4,000 Research and development costs 22,000 Dividends paid 15,000 Тах еxpense 35% Rent expense 12,000 Loss from closing a shop 8,000 Accrued expenses 11,000 Sales price of goods provided to customers 450,000 Loss on the sale of a building 26,000 Gain that is both unusual and infrequent 24 90,000 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24

Refer to the following given information. The cost of inventory sold to customer 220,000 Advertising expenses 25,000 Administrative salary expenses 80,000 Issued common stock 75,000 Interest income 10,000 Insurance expense 4,000 Research and development costs 22,000 Dividends paid 15,000 Тах еxpense 35% Rent expense 12,000 Loss from closing a shop 8,000 Accrued expenses 11,000 Sales price of goods provided to customers 450,000 Loss on the sale of a building 26,000 Gain that is both unusual and infrequent 24 90,000 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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here are the choices: what is the gross profit: a. 241000 b. 151000 c. 141000 d. none e. 177000 how much is the operating expense? a. none b. 141000 c. 151000 d. 241000 e.177000 How much is the operating income? a. 136150 b. none c. 124450 d. 130950 e. 137450
Question 6 Refer to the following given information. The cost of inventory sold to customer $4 220,000 Advertising expenses $ 25,000 Administrative salary expenses $4 80,000 Issued common stock $4 75,000 Interest income $ 10,000 Insurance expense $4 4,000 Research and development costs $ 22,000 Dividends paid $ 15,000 |Тах еxpense 35% Rent expense $ 12,000 Loss from closing a shop $4 8,000 Accrued expenses $4 11,000 Sales price of goods provided to customers $ 450,000 Loss on the sale of a building $4 26,000 Gain that is both unusual and infrequent $4 90,000
Transcribed Image Text:Question 6 Refer to the following given information. The cost of inventory sold to customer $4 220,000 Advertising expenses $ 25,000 Administrative salary expenses $4 80,000 Issued common stock $4 75,000 Interest income $ 10,000 Insurance expense $4 4,000 Research and development costs $ 22,000 Dividends paid $ 15,000 |Тах еxpense 35% Rent expense $ 12,000 Loss from closing a shop $4 8,000 Accrued expenses $4 11,000 Sales price of goods provided to customers $ 450,000 Loss on the sale of a building $4 26,000 Gain that is both unusual and infrequent $4 90,000
What is the gross profit? none of th How much is the operating expense? (Select ] How much is the operating income? (Sselect] How much is the tax expense? [ Select] [ Select] How much is the net income?
Transcribed Image Text:What is the gross profit? none of th How much is the operating expense? (Select ] How much is the operating income? (Sselect] How much is the tax expense? [ Select] [ Select] How much is the net income?
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