toonztv175 toonztv175

23-03-2021
Business

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How do i find the net income?
Gross sales - $750,000
COGS - ($200,000)
Operating Expense-($150,000)
Interest Expense - ($50,000)
Net Income - $_________

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23-03-2021

Answer:

Subtract all your expenses from your earnings which would be 750,000 - 200,000 -150,000 - 50000 = $350,000 net income

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