The operating income of a company is $10 million,the net marketing contribution is $30 million and general and administrative expenses are $5 million.Calculate the other operating expenses.
A)$10 million
B)$5 million
C)$15 million
D)$20 million
E)$25 million

Question

Quizplus · Accepted Answer

Operating Income = Net Marketing Contribution - Other Operating Expenses - General and Administrative Expenses
$10 million = $30 million - Other Operating Expenses - $5 million
$Other\;Operating\;Expenses = $30 million - $5 million - $10 million
$Other\;Operating\;Expenses = $15 million

The Operating Income of a Company Is $10 Million,the Net