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Ford Motor Company provided the following financial data for the quarter ended September 30, 2024: Account Amount Sales Revenue $7,000,000 Cost of Goods Sold $4,200,000
Ford Motor Company provided the following financial data for the quarter ended September 30, 2024:
Account | Amount |
Sales Revenue | $7,000,000 |
Cost of Goods Sold | $4,200,000 |
Selling Expenses | $1,000,000 |
Administrative Expenses | $800,000 |
Other Income | $200,000 |
Interest Expense | $150,000 |
Income Tax Expense | $350,000 |
Calculate the gross margin, operating income, and net income for Ford Motor Company for the quarter ended September 30, 2024
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