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Main street store inc had net sales of 1200000 for the

Question - Main Street store, inc. had net sales of $1,200,000 for the fiscal year ended August 31, 2003. Gross Profit for the firm was $350,000 and operating expenses (consisting of selling, General, and Administrative Expenses) were $311,000. Earnings before taxes (pre-tax income) equals $30,000 and Net income was $18,000

What is the firm Cost of Goods Sold, Operating Income, Interest Expense and Income Tax?

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Accounting Basics: Main street store inc had net sales of 1200000 for the

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