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Evaluate the operating income for Global Motors Inc. for the year 2022. Given the following data: Sales Revenue: $2,000,000 Cost of Goods Sold: $1,200,000 Selling
Evaluate the operating income for “Global Motors Inc.” for the year 2022. Given the following data:
Sales Revenue: $2,000,000
Cost of Goods Sold: $1,200,000
Selling and Administrative Expenses: $500,000
Interest Expense: $50,000
Income Tax Expense: $100,000
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