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Calculate ABC Corp Operating Income

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Reference no: EM132898328

Question - Given the following information:

Sales: $260,000

Cost of Goods Sold: $100,000

Salaries and Wages: $20,000

Rent Expense: $15,000

Advertising Expense: $35,000

Cost of repairs resulting from fire: $50,000

1: Calculate ABC Corp's Net Income:

2: Calculate ABC Corp's Operating Income.

3: Calculate ABC Corp's Gross Profit.

Reference no: EM132898328

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