Answer:
Rogue's operating income is $770000
Step-by-step explanation:
Given data
Sales = $3,000,000
Cost of Goods Sold = $1,500,000
Depreciation Expense = $170,000
Administrative Expenses = $150,000
Interest Expense = $30,000
Marketing Expenses = $80,000
Taxes = $300,000
to find out
operating income
solution
we find income by this formula that is given below
income = Sale - Cost of Goods Sold - Depreciation Expense - Administrative Expenses - Interest Expense - Marketing Expenses - Taxes
so put now all these value to get the income
income = 3,000,000 - 1,500,000 - 170,000 - 150,000 - 30,000 - 80,000 - 300,000
hence
so Rogue's operating income is $770000
