Use the appropriate information from the data provided


Use the appropriate information from the data provided below to calculate operating income for the year ended December 31, 2012. Cost of Goods sold ($117,000) General and administrative expenses (48,000) Net Cash provided by financing activities (69,000) Dividends paid (16,000) Extraordinary loss from a flood, net of tax savings of $32,000 (74,000) Income tax expense (11,000) Other selling expenses (26,000) Net sales (278,000) Advertising expense (39,000) Accounts receivable (33,000)

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Financial Accounting: Use the appropriate information from the data provided
Reference No:- TGS01074087

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