#2 A company reported gross profit of $79,000, total operating expenses of $42,500 and interest income...

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A company reported gross profit of $79,000, total operating expenses of $42,500 and interest income of $2,400. What is the in

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business accounting

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Answer 1

Answer #1

Income from operations =Gross profit-operating expenses

Income from operations =79000-42500

Income from operations =36500

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Answer 2

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#2 A company reported gross profit of $79,000, total operating expenses of $42,500 and interest income...

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