The Baily Division Recorded Operating Data as Follows for the Past

question 44

Multiple Choice

The Baily Division recorded operating data as follows for the past two years: Baily Division's turnover was exactly the same in both Year 1 and Year 2.
-The net operating income in Year 1 was:

• A)$90,000
• B)$135,000
• C)$140,000
• D)$150,000

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Definitions:

Microsoft Excel

A spreadsheet program developed by Microsoft, used for data organization, analysis, and storage.

Accounting

The systematic process of recording, analyzing, and reporting financial transactions of a business.

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The designated name given to a file for the purpose of identification and retrieval from a storage medium.

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A unique identifier assigned to academic courses within an educational institution to organize and catalog them.