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Referring to the Following Table,what Is Operating Income A) $40,000
B) $55,000
C) $160,000
D) $190,000

question 109

Multiple Choice

Referring to the following table,what is Operating income?  Sales revenue $460,000 Cost of goods sold 300,000 Operating expenses 85,000 Sales discounts 20,000 Sales returns and allowances 15,000 Interest revenue 5,000\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}


Definitions:

Lateral Curvature

Lateral curvature, often referring to scoliosis, is a condition characterized by a sideways curvature of the spine that deviates from the normal straight vertical alignment.

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Curved fibrocartilaginous structures in the knee joint that serve to distribute weight and reduce friction during movement.

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A flexible connective tissue found in various forms in the body, including joints, ear structure, and the nose.

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