A company has sales revenue of $213,000, cost of goods sold $83,000, operating expenses of $46,000, and other expenses of $5,000. The company's operating income is:
A) $37,000.
B) $79,000.
C) $84,000.
D) $125,000.
C) $84,000.
Explanation: operating income = gross profit (sales revenue - cogs) - operating expenses. ($213,000 - $83,000) - $46,000 = $84,000
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