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Revenues, less cost of goods sold and expenses (but not less interest expense nor tax expense) is called Select one a shareholder earnings binet incomeet

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Revenues, less cost of goods sold and expenses (but not less interest expense nor tax expense) is called Select one a shareholder earnings binet incomeet profit coperating income/operating profit Od asset tumover In Jane, Kipper tid. received a 56,000 cash payment for work billed the previous month. The company teplanted a dear-cut area of northern Alberta for which it went out an invoice for $25.000. At the beginning of the month the company had $2,000 of trees for planting. During the month the company purchased 51,000 more, and at the end of the month it was left with trees that had cost $1,000. The company's expenses were $1,000 in rent for its office and $3,000 in other expenses. Amortization on the truck and office equipment was calculated to be $500. The income tax rate is 10% The sales revenue for the company for the month of June was Seled one $31.000 55,000 d 120.000

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