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Mu Company provided the following information: Total revenue: $200,000 Cost of goods sold: $80,000 Selling expenses: $40,000 Administrative expenses: $30,000 Interest expense: $5,000 Calculate the

Mu Company provided the following information:

  • Total revenue: $200,000
  • Cost of goods sold: $80,000
  • Selling expenses: $40,000
  • Administrative expenses: $30,000
  • Interest expense: $5,000

Calculate the following for Mu Company: a) Operating income b) Net income c) Earnings before interest and taxes (EBIT)

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