Determine operating income

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Reference no: EM133609211

Question: Determine operating income given the following: Revenue = $100,000 Cost of goods sold = $67,000 Wages expense = $11,500 Rent and other occupancy expense = $15,000 Depreciation expense = $1,000 Gain on sale of land = $500 Interest expense = $2,000 Tax rate = 25% Net income = $3,000 Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234

Reference no: EM133609211

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