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Calculate abc corp operating income

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Reference no: EM132048176

Question - Given the following information, calculate ABC Corp's Net Income:

Sales: $260,000

Cost of Goods Sold: $100,000

Salaries and Wages: $20,000

Rent Expense: $15,000

Advertising Expense: $35,000

Cost of repairs resulting from fire: $50,000

Using the above information, calculate ABC Corp's Operating Income.

Reference no: EM132048176

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