Question
The following information relates to Sports Bikes, Inc. Net Sales Revenue $ 193 000 Cost of Goods Sold 150 000 Interest Revenue 10 000 Operating
The following information relates to Sports Bikes, Inc.
Net Sales Revenue $ 193 000
Cost of Goods Sold 150 000
Interest Revenue 10 000
Operating Expenses 42 500
Calculate the operating income.
A.
$10,500
B.
$500
C.
$59,500
D.
$ 220 000
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Financial Accounting International Financial Reporting Standards Global Edition
Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison
11th Edition
9781292211145
