Question
During fiscal 2011, Mass Inc. had sales of $18,000 Cost of merchandise sold of $5,000 and all operating expenses, interest, and taxes amounting to $2,000.
During fiscal 2011, Mass Inc. had sales of $18,000 Cost of merchandise sold of $5,000 and all operating expenses, interest, and taxes amounting to $2,000. What was net income for 2011? ($ in millions)
| A. | $11,000 million | |
| B. | $ 3,000 million | |
| C. | There is not enough information to calculate the amount. | |
| D. | $18,000 million | |
| E. | $ 4,000 million |
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
