If a company reported the following items on its income statement (cost of goods sold S5.000. income

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If a company reported the following items on its income statement (cost of goods sold S5.000.

income tax expense $2,000. interest expense $500. operating expenses $3,500. sales revenue

$14,000), what amount would be reported for the subtotal "income from operations"'?

a. $9,000

c. $5,000

b. $3,000

d. $5,500

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Financial Accounting

ISBN: 9780073208145

5th Edition

Authors: Robert Libby, Patricia Libby, Daniel Short

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Question Posted: Jun 24, 2024 02:00 AM

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If a company reported the following items on its income statement (cost of goods sold S5.000. income

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Financial Accounting

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