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Tully Corporation reported the following on its annual income statement (in millions): Sales revenue $118,774; Cost of goods sold $46,382; Gross profit $72,392; and Operating
Tully Corporation reported the following on its annual income statement (in millions): Sales revenue $118,774; Cost of goods sold $46,382; Gross profit $72,392; and Operating income $46,644. What did Tully report for total operating expenses during the year? a. $90,081 million b. $25,748 million c. $34, 175 million d. $46,392 million
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