Question at position 11 What is operating income for 2020? $110,000$125,000$199,000$140,000题目解析

Question

BlackTom AI · Accepted Answer

To determine operating income, we need to follow the standard formula: Operating Income = Gross Profit − Operating Expenses.

Option analysis:
- Option "$110,000": This would imply a Gross Profit of $219,000 if operating expenses are $109,000. However, Gross Profit is calculated as Sales minus Cost of Goods Sold, i.e., 485,000 − 251,000 = 234,000. Subtracting the actual operating expenses of 109,000 yields 125,000, not 110,000. Therefore this option is incorrect.
- Option "$125,000": This matches the computed figure. Gross Profit equals 234,000, and after subtracting Operating Expenses of 109,000, Operating Income = 125,000. This aligns with the data provided (Sales 485,000; COGS 251,000; Operating expenses 109,000). This option is correct.
- Option "$199,000": This would require a much higher result, implying either a much larger Gross Profit or much smaller operating expenses than given. Since Gross Profit is fixed at 234,000 by Sales and COGS, and Operating Expenses are 109,000, the calculation cannot reach 199,000. This option is incorrect.
- Option "$140,000": This value would suggest operating expenses around 94,000 if Gross Profit is 234,000, but operating expenses are actually 109,000. With the true numbers, Operating Income is 125,000, not 140,000. Thus this option is incorrect.

Summary of the calculation for clarity: Gross Profit = 485,000 − 251,000 = 234,000; Operating Income = 234,000 − 109,000 = 125,000. The only option that matches this result is $125,000.

Question at position 11 What is operating income for 2020? $110,000$125,000$199,000$140,000题目解析

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