Multiple Choice
Division R reported operating income of $800,000 and total service department charges of $275,000.Therefore its:
A) net income was $1,075,000.
B) gross profit margin was $525,000.
C) operating income before service department charges was $1,075,000.
D) consolidated non operating income was $420,000.
Correct Answer:
Verified
Correct Answer:
Verified
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