Table 5-2 -Referring to Table 5-2, What Is the Operating Income or
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question 33

Multiple Choice

Table 5-2 $$\begin{array} { | l | r | } \hline \text { Sales revenue } & \$ 382,000 \\\hline \text { Net sales revenue } & \$ 360,000 \\\hline \text { Gross margin } & 255,000 \\\hline \text { Operating expenses } & 132,000 \\\hline \text { Interest expense } & 30,000 \\\hline \text { Interest revenue } & 60,000 \\\hline\end{array}$$
-Referring to Table 5-2, what is the operating income or operating loss?

• A)operating income of $123,000
• B)operating loss of $177,000
• C)operating loss of $27,000
• D)operating income of $27,000

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Definitions:

Ability And Skill

The capacity to perform tasks and actions with competence, often acquired or improved through practice and learning.

Cohesiveness

Refers to the bonds that hold a group together and the feelings of amity and closeness among its members, facilitating collective action and support.

Homogeneous Teams

Teams or groups comprised of members who share similar attributes, backgrounds, or skills.

Hackman

A psychologist known for his work on team effectiveness, emphasizing the importance of group design, leadership, and supportive organizational context.