LeGrand Corporation Reported the Following Amounts in Its Income Statement

question 110

Multiple Choice

LeGrand Corporation reported the following amounts in its income statement:
$$\begin{array} { l r } \text { Sales revenue } & \$ 440,000 \\\text { Advertising expense } & 60,000 \\\text { Interest expense } & 10,000 \\\text { Salaries expense } & 55,000 \\\text { Utilities expense } & 25,000 \\\text { Income tax expense } & 45,000 \\\text { Cost of goods sold } & 180,000\end{array}$$
What was LeGrand's operating income?

• A)$120,000.
• B)$260,000.
• C)$110,000.
• D)$65,000.

Understand the key elements and importance of brand marks and their expressions.

Comprehend the strategies for managing and crafting brand messaging.

Grasp the concept of brand awareness, recognition, and loyalty.

Distinguish between brand image, equity, and personal branding.

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Definitions:

Software Development

The process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components.

Licensed Software Solutions

Software products that require a purchase or subscription to legally use, often providing specialized functionalities for businesses, including supply chain operations.

Principle Requirements

Fundamental or core needs that must be met to achieve a desired outcome or maintain a system’s functionality.

Supply Chain Information

Data and insights related to the flow of goods and services from raw materials to end users, critical for informed decision-making in supply chain management.