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Compute operating income for Jonas Company based on the following data: Line Item Description Amount Sales $764,000 Operating expenses 52,500 Cost of goods sold 538,000
Compute operating income for Jonas Company based on the following data:
Line Item Description | Amount |
---|---|
Sales | $764,000 |
Operating expenses | 52,500 |
Cost of goods sold | 538,000 |
a. $226,000
b. $711,500
c. $485,500
d. $173,500
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