Income from operations for Division Z is $250,000, total service department charges are $400,000 and operating expenses are $2,266,000. What are the revenues for Division Z?
A) $650,000
B) $2,516,000
C) $2,916,000
D) $2,666,000

Question

Quizplus · Accepted Answer

Income from operations = Revenues - Total service department charges - Operating expenses
$250,000 = Revenues - $400,000 - $2,266,000
$250,000 + $400,000 + $2,266,000 = Revenues
$2,916,000 = Revenues. Therefore, the answer is C.

Income from Operations for Division Z Is $250,000, Total Service