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For Last Year,Wampum Enterprises Reported Revenues of $420,000,cost of Goods

Question 176

Multiple Choice

For last year,Wampum Enterprises reported revenues of $420,000,cost of goods sold of $108,000,cost of goods manufactured of $101,000,and total operating costs of $70,000.Operating income for that year was ________.


A) $319,000
B) $312,000
C) $249,000
D) $242,000

Correct Answer:

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