1. ABC Corporation - Partial Income Statement - FY 2018

   2018 Revenue ...................... $ 10,000,000

   Cost of Goods Sold ..................... 4,000,000

   Selling General and Admin ........ 1,500,000

   Research and Development ...... 1,200,000

   Depreciation ................................ 1,500,000

   Operating Expenses ................ ????

   Interest Income ........................... 150,000

   Interest Expense ......................... 250,000

   Pre-Tax Income ...................... 1,700,000

   Tax ................................................. 595,000

   EPS - Basic ...............................$ ??

   Weighted avg. Shares ................1,300,000

   Use the above information to answer the following four questions:

   1. What is ABC's Operating Profit for 2018?

   1. $6,000,000

   2. $1,800,000

   3. $1,700,000

   4. $1,105,000

2. What is ABC's Net Income?

   1. $6,000,000

   2. $1,800,000

   3. $1,105,000

   4. $4,200,000

3. What is ABC's Earnings Per Share for 2018?

   1. $0.80

   2. $0.70

   3. $0.85

   4. $1.15

4. What is ABC's Gross Profit?

   1. $6,000,000

   2. $4,000,000

   3. $4,200,000

   4. $10,000,000