Business, 19.06.2020 00:57 neariah24

Calculate operating income and net income Selling, general, and administrative expenses were $66,000; net sales were $300,000; interest expense was 7,100; research and development expenses were $31500; net cash provided by operating activities was $79200; net income was $16800; income tax expense was $7600; cost of goods sold was $165,000. Required:
a. Calculate operating income for the period.
b. Calculate net income for the period.

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Calculate operating income and net income Selling, general, and administrative expenses were $66,000...

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