Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is operating income for 2021? Beginning finished goods, 1/1/2021 Ending finished goods, 12/31/2021 Cost of goods sold Sales revenue $50,000 35,000 251.000 485,000 Operating

What is operating income for 2021? Beginning finished goods, 1/1/2021 Ending finished goods, 12/31/2021 Cost of goods sold Sales revenue $50,000 35,000 251.000 485,000 Operating expenses 109,000 Instructions: Round your answer to the nearest dollar, and do not include cents, commas, % or $. For example: if the answer is 10000 simply write 10000 (and NOT $10.000, $10,000.00, 10,000.00, $10000.00 or 10000.00)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Basic For Beginners

Authors: Kavishankar Panchtilak

1st Edition

979-8860644588

More Books

Students also viewed these Accounting questions

Question

WHAT IS AUTOMATION TESTING?

Answered: 1 week ago

Question

What is Selenium? What are the advantages of Selenium?

Answered: 1 week ago

Question

Explain the various collection policies in receivables management.

Answered: 1 week ago

Question

Prepare for a successful job interview.

Answered: 1 week ago

Question

Describe barriers to effective listening.

Answered: 1 week ago

Question

List the guidelines for effective listening.

Answered: 1 week ago