Calculate income from operations for Jonas Company based on the following data: $$\begin{array} { | l | r | }
\hline \text { Sales } & \$ 764,000 \
\hline \text { Operating Expenses } & 52,500 \
\hline \text { Cost of Merchandise Sold } & 538,000 \
\hline
\end{array}$$

Question

Calculate income from operations for Jonas Company based on the following data: $$\begin{array} { | l | r | } 
\hline \text { Sales } & \$ 764,000 \
\hline \text { Operating Expenses } & 52,500 \
\hline \text { Cost of Merchandise Sold } & 538,000 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Calculate income from operations for Jonas Company based on the following data: $$\begin{array} { | l | r | } 
\hline \text { Sales } & \$ 764,000 \
\hline \text { Operating Expenses } & 52,500 \
\hline \text { Cost of Merchandise Sold } & 538,000 \
\hline
\end{array}$$

Calculate Income from Operations for Jonas Company Based on the Following