Referring to the Following Table,what Is the Net Income A) $35,000
B) $45,000
C) $60,000
D) $180,000

question 68

Multiple Choice

Referring to the following table,what is the Net income? $\begin{array}{|l|r|}\hline\text { Sales revenue } & \$ 460,000 \\\hline \text { Cost of goods sold } & 300,000 \\\hline \text { Operating expenses } & 85,000 \\\hline \text { Sales discounts } & 20,000 \\\hline \text { Sales returns and allowances } & 15,000 \\\hline \text { Interest revenue } & 5,000\\\hline\end{array}$

• A) $35,000
• B) $45,000
• C) $60,000
• D) $180,000

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Definitions:

Flat-topped Mountain

A mountain or hill with a level surface at its summit, typically formed as a result of erosion or volcanic activities.

Mesa

A broad, flat-topped and steep-sided, isolated hill or mountain.

Fracture

A break or crack in a rock; subdivided into joints and faults.

Rock Layers

Strata or sequences of rock sediment that have accumulated over time, each layer representing a specific era in geologic history.