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Paper Clip Company sells office supplies. The following information summarizes the company's operating activities for the year: Utilities for the store Sales commissions Sales revenue
Paper Clip Company sells office supplies. The following information summarizes the company's operating activities for the year: Utilities for the store Sales commissions Sales revenue Purchases of merchandise January 1 inventory Rent for store December 31 inventory $ 9,900 10,500 164,800 89,200 27,700 14,000 23,300 What is operating income? O A. $57,700 O B. $36,800 O C. $37,900 OD. $154,300
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