Costco Wholesale Corporation has the following financial information for the year ended December 31, 20X5: Item Amount
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Question:
Costco Wholesale Corporation has the following financial information for the year ended December 31, 20X5:
Item | Amount (USD) |
Sales Revenue | $20,000,000 |
Cost of Goods Sold | $15,000,000 |
Operating Expenses | $3,000,000 |
Interest Expense | $500,000 |
Income Tax Expense | $1,000,000 |
Net Income | ? |
Calculate the net income for Costco Wholesale Corporation.
Posted Date: