Question
Endive & Co., a service business, earned fees of $354,300 in the current year. It incurred operating expenses of $245,700. Calculate the operating income of
Endive & Co., a service business, earned fees of $354,300 in the current year. It incurred operating expenses of $245,700. Calculate the operating income of Endive for the current year.
a.$600,000
b.$249,243
c.$354,300
d.$108,600
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Accounting for Non-Accounting Students
Authors: John R. Dyson
8th Edition
273722972, 978-0273722977
