hannahmyung1113
03.01.2020 •
Business
Consider the following totals: revenues = $100,000; operating costs and expenses = $45,000; other revenues = $5,000; income taxes = $18,000; net income = $42,000. what was the total of operating income?
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Ответ:
$55,000
Explanation:
The operating income of any entity can be calculated using the following formula:
Operating income=Net income+ income tax expense+ finance cost- other revenues
Net income in this question=$42,000
Income taxes=$18,000
finance cost=0
Other revenues=$5000
Operating income=$42,000+$18,000+0-$5000=$55,000
The operating income of any entity can also be calculated using the following formula:
Operating income=Revenues-operating costs
=$100,000-$45,000=$55,000
Ответ:
National Bank
Explanation: