Question

For last​ year, Watson Limited reported revenues of $ 430 comma 000$430,000​, cost of goods sold...

For last​ year, Watson Limited reported revenues of

$ 430 comma 000$430,000​,

cost of goods sold of

$ 120 comma 000$120,000​,

cost of goods manufactured of

$ 95 comma 000$95,000​,

and total operating costs of

$ 60 comma 000$60,000.

Operating income for that year was​ ________.

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Answer #1
Sales Revenue 430,000
Less: Cost of Good sold 120,000
Gross MArgin 310,000
Less: Operating Cost 60,000
Operating income 250,000

Operating income For the Year = $250,000

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