A company reported gross profit of $85,000, total operating expenses of $40,000 and interest income of $2,500. What is the income from operations?
A. $47,500
B. $42,500
C. $40,000
D. $45,000
Answer: D
A company reported gross profit of $85,000, total operating expenses of $40,000 and interest income of $2,500. What is the income from operations?
A. $47,500
B. $42,500
C. $40,000
D. $45,000
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.