During 2011, Yoder Enterprises Generated Revenues of $90,000

question 145

Multiple Choice

During 2011, Yoder Enterprises generated revenues of $90,000.The company's expenses were as follows: cost of goods sold of $45,000, operating expenses of $18,000 and a loss on the sale of equipment of $3,000. Yoder's income from operations is

• A)$90,000.
• B)$45,000.
• C)$27,000.
• D)$18,000.

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