What is the company operating income

Assignment Help Accounting Basics
Reference no: EM131979356

Question - A company has net sales of $126,000, cost of goods sold of $72,000, operating expenses of $38,000, and other expenses of $3,000. What is the company's operating income? Please show equations, thank you!

Reference no: EM131979356

Questions Cloud

First useable ip address for the respective networks : The Sales and Business office each will have one printer per network. It will be assigned the first useable IP address for the respective networks.
How many days is the days-sales-in inventory : Goods available for sale total $25,000, beginning inventory is $8,000, ending inventory is $12,000, How many days is the days-sales-in inventory
What should fair value be four years from today : If the required rate of return on the stock is 13.7 percent, what is its fair present value? what should the fair value be four years from today?
What is the cost of goods sold for the june : Assuming average cost, what is the cost of goods sold for the June 7 sale? Please show equations, thanks
What is the company operating income : Cost of goods sold of $72,000, operating expenses of $38,000, and other expenses of $3,000. What is the company's operating income
What will the money be worth in three years : What will the money be worth in 3 years at 8% if it’s compounded semi-annually; compounded quarterly; and compounded annually.
What is the journal entry to record the return : Cosmo later returns $500 worth of the goods. Under the perpetual inventory method, what is the journal entry to record the return
Write corresponding number in blank to left : Match each activity with its type of information system, and write the corresponding number in the blank to the left of each activity.
What is the net change in retained earnings for the month : he total revenues of $6,500, total expenses of $3,500, What is the net change in Retained Earnings for the month? Please show equations

Reviews

Write a Review

Accounting Basics Questions & Answers

  Transactions from august 1 through december 31 adjusting

tony and suzie graduate from college in may 2012 and begin developing their new business. they begin by offering

  Explain early implementation of standard adversely affect

When the financial vice president determines that early implementation of the standard will adversely affect the reported net income for the year.

  Determine the total estimated uncollectibles

Question - Enge Company has accounts receivable of $108,000 at March 31. Determine the total estimated uncollectibles

  Diluted earnings per chare of common stock during 2009 the

during 2009 the ellis corporation had 370000 shares of 20 par common stock outstanding. on january 1 2009 2000 8

  Prepare schedules to compute the ending inventory

Prepare schedules to compute the ending inventory at March 31, 2011, under each of the following inventory methods.

  Prepare a bank reconciliation and record adjustments

Clark had not recorded this event before receiving the statement. Prepare a bank reconciliation and record adjustments

  Adama company reported a net loss of $6,000

Adama Company reported a net loss of $6,000

  Prepare a consolidated balance sheet worksheet

Greene Company purchased 60 percent of White Corporation's voting shares. Prepare a consolidated balance sheet worksheet in good form as of December 31, 2017.

  Calculate the total bond interest expense

They are issued at $584,361 and their market rate is 8% at the issue date. Determine the total bond interest expense to be recognized over the bonds' life

  Last year attic charged 3496000 depreciation on the income

last year attic charged 3496000 depreciation on the income statement . if early this year attic sold all its

  Prepare the statement of cash flows for buyright company

Selected financial information of BuyRight Co. for the year ended December 31, 2011, follows.

  The assumptions that underlie basic cvp analysis include all

The assumptions that underlie basic CVP analysis include all of the following except:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd