Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If a company has revenue of $5,000, cost of goods sold of $3,000, and operating expenses of $800, what is net income? Select one: a.

If a company has revenue of $5,000, cost of goods sold of $3,000, and operating expenses of $800, what is net income?

Select one:

a. $2,000

b. $1,200

c. $5,000

d. $4,200

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Biometric And Auditing Issues Addressed In A Throughput Model

Authors: Waymond Rodgers

1st Edition

1617356530, 978-1617356537

More Books

Students also viewed these Accounting questions

Question

please dont use chat gpt AI 4 3 0 . .

Answered: 1 week ago

Question

6 8 6 . The trace metal present in insulin is Cu Zn Fe Ni

Answered: 1 week ago

Question

3. Is it a topic that your audience will find worthwhile?

Answered: 1 week ago

Question

2. Does the topic meet the criteria specified in the assignment?

Answered: 1 week ago