Kizspy | Question: 9
(Choose 1 answer)
Walton Manufacturing Company gathered the following data for the month.
Cost of goods sold: USD 35,000
Sales: USD 89,000
Selling expenses: USD 16,000
Administrative expense: USD 21,000
How much net operating income will be reported for the period?
A. USD54,000
B. USD 17,000
C. USD52,000
D. Cannot be determined.
