Multiple Choice
Behrend Corporation has annual sales of $4.5 million, depreciation of $425,000, operating expenses of $679,000, cost of goods sold of $2.3 million, and interest expense of $230,000. What is the operating income?
A) $1,096,000
B) $2,036,000
C) $3,525,000
D) $4,000,000
E) $4,811,000
Correct Answer:
Verified
Correct Answer:
Verified
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