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What is the operating income

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Reference no: EM132953290

Question - ABC has the following income statement information:

Revenue $3,000,000

Cost of goods sold $1,000,000

Other operating expenses $500,000

Interest expense $100,000

Tax expense $120,000

Required -

(a) What is the gross profit?

(b) What is the operating income?

(c) What is the net income?

Reference no: EM132953290

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