Question
Alvin's office supply company has sales of $223,000, cost of goods sold of $135,000, selling expenses of $33,500, depreciation of $10,000, interest expense of $3,000,
Alvin's office supply company has sales of $223,000, cost of goods sold of $135,000, selling expenses of $33,500, depreciation of $10,000, interest expense of $3,000, and a tax rate of 21%. What is Alvin's operating income?
| a. | $44,500 | |
| b. | $41,500 | |
| c. | $42,500 | |
| d. | $36, 500 |
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Lords Of Finance The Bankers Who Broke The World
Authors: Liaquat Ahamed
1st Edition
0143116800, 978-0143116806
