Calculate operating income

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Reference no: EM13826408

Problem:

Calculate operating income using the following information:

Gross profit margin

45%

Cost of goods sold

$450

Interest income

80

Depreciation expense

120

General & administrative expense

150

Income tax expense

70

Advertising expense

100

Interest expense

30

Additional Information:

This question is basically belongs to the Finance and it explains about computing the operating income or profit from the given particulars.

Reference no: EM13826408

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