A company has net sales of $126,000,cost of goods sold of $72,000,operating expenses of $38,000,and other expenses of $3,000.The company's operating income is:

Name: A company has net sales of $126,000,cost of goods sold of $72,000,operating expenses of $38,000,and other expenses of $3,000.The company's operating income is:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Operating income is calculated as net sales minus cost of goods sold and operating expenses. So, $126,000 - $72,000 - $38,000 = $16,000.

A Company Has Net Sales of $126,000,cost of Goods Sold