Consider the Following Year-End Information for Spitzer Corporation What Amount Will Spitzer Report for Operating Income?
A)$200,000
B)$210,000

question 5

Multiple Choice

Consider the following year-end information for Spitzer Corporation:
$$\begin{array} { l r } \text { Cost of goods sold } & \$ 420,000 \\\text { Sales revenue } & 800,000 \\\text { Nonoperating expenses } & 10,000 \\\text { Operating expenses } & 170,000 \\\text { Income tax expense } & 80,000\end{array}$$
What amount will Spitzer report for operating income?

• A)$200,000
• B)$210,000
• C)$380,000
• D)$120,000

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