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konstantin123 [22]
3 years ago
15

Consider the following year-end information for Spitzer Corporation:

Business
1 answer:
Alexus [3.1K]3 years ago
3 0

Answer:

The Operating Income is $305.000

Explanation:

Income Statement  

Total Net Sales $ 870.000

Cost of goods sold -$ 413.000

Operating Expenses -$ 152.000

Operating Income $ 305.000

Non-Operating Expenses -$ 12.000

Income Before Tax Expenses $ 293.000

Income Taxes -$ 85.000

Net Income $ 208.000

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