A company reported gross profit of $72,000, total operating expenses of $41,000 and interest income of $3,600. What is the income from operations?

A. $27,400
B. $31,000
C. $41,000
D. $34,600


Answer: B

Business

You might also like to view...

Assume the Federal Trade Commission (FTC) issued a rule requiring website operators to obtain parental consent before gathering personal information from children. This rule is an example of common law

Indicate whether the statement is true or false

Business

Was Robinson engaging in the unauthorized practice of law by giving legal advice and preparing legal documents for his clients?

What will be an ideal response?

Business

Mia has been asked by top management to develop financial ____ that the company will achieve over the next one- to ten-year period.

A. strategies B. directives C. plans D. objectives E. goals

Business

The secret key is input to the encryption algorithm

Indicate whether the statement is true or false.

Business