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Determine the Coronado operating income for the month

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Reference no: EM132841890

Problem - During August, 2020, Coronado's Supply Store generated revenues of $61000. The company's expenses were as follows: cost of goods sold of $35100 and operating expenses of $4300. The company also had rent revenue of $1000 and a loss on the sale of a delivery truck of $1500. Determine the Coronado's operating income for the month of August, 2020?

Reference no: EM132841890

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