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Cathy Company is a pharmaceutical company. The following is Cathy Company's Income Statement for its most recent fiscal year: In millions: Revenues: Sales revenue

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Cathy Company is a pharmaceutical company. The following is Cathy Company's Income Statement for its most recent fiscal year: In millions: Revenues: Sales revenue $40,000 Expenses: Cost of goods sold $10,000 Income tax expense 2,000 Marketing, selling, and administrative 5,000 Research and development 15,000 Interest expense 3.000 Total expenses $35,000 Net Income $5,000 You are trying to compare Cathy Company with their competitor. What is Cathy's operating income? O $25,000 million $5,000 million $7,000 million O $30,000 million O $10,000 million

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