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The following information relates to nebula inc cost of

Question - The following information relates to Nebula, Inc.

Sales Revenue $240,000

Cost of Goods Sold 160,000

Interest Revenue 10,000

Operating Expenses 40,000

Sales Discounts 20,000

Sales Returns and Allowances 7,000

Calculate the operating income.

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Accounting Basics: The following information relates to nebula inc cost of

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