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Consider the following year-end information for a company: cost of goods sold ps 420.000 sales revenue 800.000 non-operating expenses 10,000 operating expenses 170.000 Income from
Consider the following year-end information for a company:
| cost of goods sold | ps | 420.000 |
| sales revenue | 800.000 | |
| non-operating expenses | 10,000 | |
| operating expenses | 170.000 | |
| Income from tax expenses | 80.000 | |
How much will the company report as operating income?
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To calculate the operating income you need to subtract the operating expenses including cost of go...
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Auditing a risk based approach to conducting a quality audit
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
9th edition
9781133939160, 1133939155, 1133939163, 978-1133939153
