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What amount will the company report for operating income

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Reference no: EM132462183

Question 1: Consider the following year-end information for a company:

Cost of goods sold         $ 420,000

Sales revenue                 800,000

Nonoperating expenses      10,000

Operating expenses         170,000

Income tax expenses        80,000

Problem 1: What amount will the company report for operating income?

Reference no: EM132462183

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