Multiple Choice
What is the formula to calculate operating income?
A) (price × units sold) − (unit variable cost × units sold) − fixed cost
B) (price × units sold) + (unit variable cost × units sold) + fixed cost
C) (price + units sold) − (unit variable cost + units sold) − fixed cost
D) (price − units sold) + (unit variable cost − units sold) + fixed cost
Correct Answer:
Verified
Correct Answer:
Verified
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