LeGrand Corporation Reported the Following Amounts in Its Income Statement

question 133

Multiple Choice

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

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

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Definitions:

Rehabilitation Psychologists

Professionals who specialize in helping individuals recover and improve their functioning after experiencing illness, injury, or disability.

Physically Disabled

Referring to individuals who have limitations on their physical functioning, mobility, dexterity, or stamina due to a bodily impairment.

Counterconditioning

A behavior therapy technique where an unwanted response is replaced with a more desirable one by associating the feared object with a new, more positive response.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic responses through gradual exposure to the feared object or situation, combined with relaxation exercises.