A company has revenue of 18000 cogs of 8000 operating, Financial Accounting

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A company has revenue of 18000 cogs of 8000 operating

A company has revenue of $18,000; COGS of $8,000. Operating income of $4,000; Income before tax of $4,000; Tax expense of $500. What is the company’s net income and Selling, General & Admin expense? The answer is $ 6000 and $ 3500 respectively but could you please give detailed solution for how to calculate the required terms?

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Financial Accounting: A company has revenue of 18000 cogs of 8000 operating

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Financial Accounting: A company has revenue of 18000 cogs of 8000 operating

Reference No:- TGS01695086

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