The Callie Company Has Provided the Following Information: Operating Expenses

question 82

Multiple Choice

The Callie Company has provided the following information: Operating expenses were $231,000;
Cost of goods sold was $376,000;
Net sales were $940,000;
Interest expense was $32,000;
Gain on sale of a building was $76,000;
Income tax expense was $151,000.
What was Callie's income from operations?

• A) $333,000.
• B) $188,000.
• C)$156,000.
• D)$232,000.

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Definitions:

Deep Pressure

A tactile sensory input that involves firm, steady pressure applied to the body to help reduce stress and anxiety.

Proprioception

The awareness of the positioning and coordination of one's body parts, along with the amount of force being applied during physical activity.

Sensory Receptors

Specialized cells or nerve endings that respond to changes in the environment by generating electrical signals.

Meissner Corpuscles

Nerve endings in the skin that are specialized to detect light touch sensitivity.