The Following Information Relates to Nebula,Inc Calculate the Operating Income

question 68

Multiple Choice

The following information relates to Nebula,Inc. $$\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 240,000 \\\hline \text { Cost of Goods Sold } & 160,000 \\\hline \text { Interest Revenue } & 10,000 \\\hline \text { Operating Expenses } & 40,000 \\\hline \text { Sales Discounts } & 20,000 \\\hline \text { Sales Returns and Allowances } & 7,000 \\\hline\end{array}$$ Calculate the operating income.

• A)$13,000
• B)$70,000
• C)$240,000
• D)$23,000

---

Definitions:

Neural Networks

Computational models designed to simulate the structure and function of neural connections in the human brain, used in artificial intelligence for pattern recognition, decision-making, and learning.

Endocrine Glands

Organs that secrete hormones directly into the bloodstream to regulate various body functions, including growth, metabolism, and mood.

Acetylcholine Antagonists

Acetylcholine antagonists are substances or drugs that inhibit the action of acetylcholine, a neurotransmitter involved in various functions including muscle movement and memory.

Somatic Nervous System

The part of the peripheral nervous system that handles voluntary control of body movements through control of skeletal muscles.