Violet Solutions Ltd. has net sales of $850 million, variable operating costs of $475 million, and fixed operating costs including depreciation of $100 million. What is the net operating income of Violet Solutions?
A. ?$1,425 million
B. ?$1,325 million
C. ?$750 million
D. ?$375 million
E. ?$275 million
Answer: E
You might also like to view...
____________are more willing than the general public is to purchase green products.
a. Greenback greens b. Grousers c. True blue greens d. Basic browns
If a company fails to make an adjusting entry for accrued revenues, the net income will be overstated
Indicate whether the statement is true or false
Island, Inc. has the following assets:
I) Timber reserves $400,000, with accumulated depletion of $220,000. II) Property, Plant and Equipment $600,000 with accumulated depreciation $275,000. III) Other long-term assets $125,000. IV) Goodwill $75,000 In what order should these be presented on the Balance Sheet? A) I, II, IV, III B) III, II, I, IV C) II, I, IV, III D) IV, II, III, I
Public opinion is one of the most powerful forces in society. What aspect of sport marketing is designed to formulate and shape favorable opinion through the mass media?
a. public relations b. media relations c. community relations d. advertising