a)

b)

Calculate Operating Income given the following information: Net Sales 3000, Cost of Goods Sold 2100, Depreciation 100, Interest 88, Taxes 40% A. 427.20 B. 900 C. 800 D. 712 Which of the following financial statements represents a "snapshot" of a company's financial position? A. Balance Sheet B. Income Statement C. Statement of Retained Earnings D. Statement of Cash Flows