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Intel Corporation provided the following financial information for the month of July 2024: Sales revenue: $5,000,000 Cost of goods sold: $3,000,000 Operating expenses: $1,000,000 Interest
Intel Corporation provided the following financial information for the month of July 2024:
- Sales revenue: $5,000,000
- Cost of goods sold: $3,000,000
- Operating expenses: $1,000,000
- Interest expense: $100,000
- Other income: $50,000
- Income tax expense: $400,000
Calculate the gross margin, operating income, and net income for Intel Corporation for July 2024.
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