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What is the Net Income from Operations

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Reference no: EM132542513

Question - If Net Sales is $10,700 Cost of Goods Sold is $ 5,200 Gross Profit is $5,500 and Operating Expenses are $1, 500. What is the Net Income from Operations?

A. $4,000

B. $7,000

C. $5, 500

D. $1,500

Reference no: EM132542513

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