Question
The following information relates to Blake Auto Supply. Net Sales Revenue $ 205 comma 000 Cost of Goods Sold 150 comma 000 Interest Revenue 11
The following information relates to Blake Auto Supply.
| Net Sales Revenue | $ 205 comma 000 |
| Cost of Goods Sold | 150 comma 000 |
| Interest Revenue | 11 comma 000 |
| Operating Expenses | 40 comma 000 |
Calculate the net income of Blake Auto Supply.
A.
$ 69 comma 000
B.
$ 230 comma 000
C.
$ 15 comma 000
D.
$ 26 comma 000
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Managerial Accounting With Ready Notes
Authors: Ronald W. Hilton
1st Edition
0075619733, 978-0075619734
