Question
Rogue Industries reported the following items for the current year: Sales = $3,000,000; Cost of Goods Sold = $1,500,000; Depreciation Expense = $170,000; Administrative Expenses
Rogue Industries reported the following items for the current year: Sales = $3,000,000; Cost of Goods Sold = $1,500,000; Depreciation Expense = $170,000; Administrative Expenses = $150,000; Interest Expense = $30,000; Marketing Expenses = $80,000; and Taxes = $300,000. Rogue's operating income is equal to
Group of answer choices
$770,000
$1,070,000
$1,100,000
$1,500,000
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Canadian Public Sector Financial Management
Authors: Andrew Graham
3rd Edition
1553395417, 9781553395416
