Which of the Following Equations Calculates the Operating Income

question 80

Multiple Choice

Which of the following equations calculates the operating income?

• A) Operating Income = (Price × Units Sold) − (Unit Variable Cost × Units Sold) - Fixed Cost
• B) Operating Income = Sales − Fixed Cost
• C) Operating Income = (Unit Variable Cost × Units Sold) − Fixed Cost
• D) Operating Income = Sales − Total Contribution Margin
• E) Operating Income = (Unit Variable Cost × Units Sold) − (Price × Units Sold) + Total Contribution Margin

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Definitions:

Dual Processing

The theory that thought can arise in two different ways, or as a result of two different processes, often referred to as System 1 (fast, automatic) and System 2 (slow, deliberate).

Consciousness

The state or quality of awareness, or, of being aware of an external object or something within oneself.

Cortical Activation Patterns

The specific ways in which the brain's cortex is activated during various mental processes, indicating regions responsible for different cognitive functions.

Socialization

The process through which individuals learn and adopt the norms, values, customs, and behaviors appropriate to their society.