Question at position 12 What is the operating income for 2020? $36,000$49,000$62,000$73,000题目解析

Question

BlackTom AI · Accepted Answer

First, identify the key figures from the provided data: Sales revenue is 456,000 and Cost of goods sold (COGS) is 306,000. Operating expenses are 101,000.

Option A: $36,000. To reach this value, one might incorrectly subtract operating expenses from sales alone or fail to account for COGS. However, operating income is not simply sales minus operating expenses; COGS must be deducted to obtain gross profit first. So this option ignores a crucial step and yields too low a figure.

Option B: $49,000. The correct approach is to compute gross profit as Sales minus COGS: 456,000 − 306,000 = 150,000. Then subtract operating expenses: 150,000 − 101,000 = 49,000. This sequence matches standard operating income calculation.

Option C: $62,000. This value could arise if one subtracted operating expenses from gross profit but started from an incorrect gross profit, or if there was a miscalculation in COGS or sales. For example, 456,000 − 306,000 = 150,000; 150,000 − 101,000 = 49,000, not 62,000. The discrepancy shows a misstep in the intermediate step.

Option D: $73,000. This would require an even larger gross profit or smaller operating expenses than reported. Since gross profit is fixed at 150,000 and operating expenses are 101,000, obtaining 73,000 would demand a different combination of numbers than those given, indicating a misapplication of the formula.

Putting it together, the standard formula for operating income is: Operating income = (Sales − COGS) − Operating expenses. Substituting the numbers yields (456,000 − 306,000) − 101,000 = 150,000 − 101,000 = 49,000. This aligns with the computed result from the data, confirming the correct interpretation of the operating income figure.

Question at position 12 What is the operating income for 2020? $36,000$49,000$62,000$73,000题目解析

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