The Nellie Company has provided the following information: Operating expenses were $115,000;
Gross profit was $629,000;
Cost of goods sold was $470,000;
Interest expense was $17,000;
Income tax expense was $199,000.
-
What was Nellie's operating income?
A)$514,000.
B)$612,000.
C)$497,000.
D)$298,000.

Question

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The Answer of The Nellie Company has provided the following information: Operating expenses were $115,000;
Gross profit was $629,000;
Cost of goods sold was $470,000;
Interest expense was $17,000;
Income tax expense was $199,000.
-
What was Nellie's operating income?
A)$514,000.
B)$612,000.
C)$497,000.
D)$298,000.

The Nellie Company Has Provided the Following Information: Operating Expenses