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

Recognize the importance of early and effective communication of product or service ideas to potential backers.

Understand the implications of rewards and equity sharing in crowdfunding campaigns and their effects on campaign approval and backer expectations.

Understand the differences between crowdfunding and crowdsourcing.

Identify the leading global crowdfunding platforms and their characteristics.

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Definitions:

United States Court of Federal Claims

A federal court that hears monetary claims against the U.S. government.

United States Court of Appeals for Veterans Claims

A federal court that hears appeals from the Board of Veterans' Appeals regarding veterans' benefits.

Supreme Court of China

The highest court in the People's Republic of China, overseeing the administration of justice for civil and criminal cases.

Taiwan

An island nation in East Asia known for its vibrant culture, technological advancements, and complex political status with regards to its international recognition.