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For Year Ending Dec 31, 2013 Total Revenue Cost of Revenue Gross Profit Cool Beans is a regional chain coffee shop that has just completed
For Year Ending Dec 31, 2013 Total Revenue Cost of Revenue Gross Profit Cool Beans is a regional chain coffee shop that has just completed its most recent fiscal year. Here is the partially completed income statement for that period. $Mill $93 $67 Charlie Brewer, the new assistant to the CFO, needed to calculate some basic performance metrics for his manager. He also knew that the company was started with an initial investment of $114 million in 2005 $26 General, Selling and Admin Depreciation Operating Income or Loss $8 $5 ? Interest Expense $3 Pre-Tax Income ? Income Taxes $2 Net Income ? What is Cool Bean's Operating Income? O dollars (Smill) Submit Answer Exit PS1 3 1 2 4 5 6 7 2 LO et
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