net income for the period is $2,000
Net Income = Revenue - Expenses
How do you determine net income?Net income is the amount of money that remains in your account after taxes and other withholdings have been deducted from your paycheck. Net income for a firm is the money that's left over after paying operational expenses, administrative costs, cost of products sold, taxes, insurance, and any other business charges.
Take the gross income, or total amount earned, and deduct costs like taxes and interest payments to arrive at net income. For an individual, net income is the amount you actually receive from your paycheck each month as opposed to the gross amount you are paid before payroll deductions.
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А is a measure of change in the prices of goods from one period to
another.
Answer:
the answer is price index
Answer: price index
Explanation- a measure of change in the prices of goods from one period to another.
most physical capital, except for infrastructure, is provided by: i. governments through public education. ii. investment spending by private sector firms.
Most physical capital, except for infrastructure, is provided by investment spending by private sector firms.
To understand this, let's first define the key terms:
1. Physical capital: This refers to the tangible assets, such as buildings, machinery, and equipment, used in the production of goods and services.
2. Infrastructure: This includes the basic facilities and systems that support a country's economy, such as transportation, communication, water supply, and energy systems.
3. Public education: This is the education system funded and administered by governments to provide education to citizens.
4. Investment spending: This refers to the expenditures made by businesses to acquire new assets or improve existing ones, with the aim of increasing productivity and efficiency.
Now, let's break down the answer step-by-step:
Step 1: Identify the main providers of physical capital.
There are two main sources mentioned in the question: governments through public education, and investment spending by private sector firms.
Step 2: Compare the two options.
Governments through public education mainly provide human capital, such as knowledge and skills, rather than physical capital. On the other hand, private sector firms invest in acquiring and upgrading physical capital to enhance their production capabilities.
Step 3: Determine the primary provider of physical capital, excluding infrastructure.
Since infrastructure is typically provided by governments, we can eliminate it from our consideration. This leaves us with investment spending by private sector firms as the primary provider of most physical capital, except for infrastructure.
In conclusion, most physical capital, except for infrastructure, is provided by investment spending by private sector firms. These firms invest in buildings, machinery, and equipment to increase productivity and efficiency in the production of goods and services.
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a budget can facilitate the coordination of activities among the segments of a large company. group of answer choices
A budget can facilitate the coordination of activities among the segments of a large company.
This is because a budget sets out specific financial targets and goals for each segment of the company, which can help to align their activities and ensure that they are working towards common objectives.
A budget can also provide a framework for communication and collaboration between segments, as each segment will need to work together to ensure that the overall budget is achieved. By sharing information and resources, segments can optimize their activities and achieve efficiencies that benefit the company as a whole.
A budget can also provide a basis for performance evaluation and accountability, as each segment's performance can be measured against its budgeted targets.
Overall, a budget can be an important tool for coordinating and integrating the activities of a large company, helping to ensure that all segments are working together effectively to achieve the company's goals.
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What is the safest way to make sure you are using a copyrighted image fairly? A. Do a Google image search. B. Save the image to your own computer. C. Rename the image. D. Ask the copyright owner for permission.
Answer:
Ask the CopyRight Owner for Perrmission
Explanation:
Asking the copyright owner for permission is the safest way to make sure you are using a copyrighted image fairly.
Answer:
Ask the CopyRight Owner for Perrmission
Explanation:
An automobile company decides to improve the quality of its products and bring more variety into its entire product line. The company has decided to adopt ________.
An automobile company decides to boost the standard of its products and produce more variety into its entire merchandise. the corporate has decided to adopt Industry wide Differentiation.
Industry-wide differentiation may be a technique employed by companies after they diversify their line of products to achieve unexplored sectors of the market and increase their chances of collecting higher revenue. Normally, this practice is dispensed by large entities with enough funds for investment and covering risks. Therefore an automobile company decides to boost the standard of its products and convey more variety into its entire line of products. the corporate has decided to adopt Industry wide Differentiation
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Refer to Exhibit 3-6. If an increase in income causes the demand for good X to shift from D1 to D3, then good X is
a. a substitute good.
b. an inferior good.
c. a normal good.
d. a neutral good.
e. a complementary good.
If an increase in income causes the demand for good X to shift from D1 to D3, then good X is a normal good. Normal goods have a direct relationship between income and demand. As income increases, the demand for normal goods also increases, and as income decreases, demand also decreases.
Step-by-step explanation:
Understanding normal goods: Normal goods are products for which the demand increases as consumer income rises and decreases as income falls. They have a positive income elasticity of demand, meaning that as income increases, people are willing and able to purchase more of the good.
Shift in demand from D1 to D3: The statement mentions that an increase in income causes the demand for good X to shift from D1 to D3. This indicates that as income rises, consumers are demanding more of good X.
Relationship between income and demand: The fact that an increase in income leads to an increase in demand for good X suggests that good X is a normal good. With normal goods, as consumers have more disposable income, they tend to spend more on these goods.
Graphical representation: Exhibit 3-6, mentioned in the statement, likely provides a graphical illustration of the relationship between income and demand for goods. In this graph, an increase in income would shift the demand curve for good X from D1 to D3, indicating an upward shift in demand due to the increase in income.
Based on this analysis, we can conclude that if an increase in income causes the demand for good X to shift from D1 to D3, then good X is a normal good.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Select the correct answer.
Sheryl is a homemaker living with her husband and her two sons in Texas. Her sons are fond of playing with lawn darts. However, one day, while
playing with lawn darts, the younger son accidently steps on a dart and injures his foot. Sheryl then finds out that lawn darts are banned in the
US. Which federal agency do you think may have banned the sale of sharp, metal lawn darts?
OA
Securities and Exchange Commission
B.
Environmental Protection Agency
OC Food and Drug Administration
OD.
Reset
Next
Consumer Product Safety Commission
Answer:
The answer is Securities and Exchange Commission.
A U.S. Senator from Michigan is in favor of environmental regulations that forbid industries from disposing chemical wastes in rivers, despite the fact that many companies in Michigan might come under scrutiny for the violation of such regulations. This scenario illustrates the _____ taken by Congress members.
Answer:
the trustee view of representation
Explanation:
Which of the following is the best example of an architect using critical thinking? William is quick with even complex math and can perform many equations in his head without making mistakes. William is quick with even complex math and can perform many equations in his head without making mistakes. When speaking with a client, Thomas knows from his body language that she is upset even though she doesn’t say that she is. When speaking with a client, Thomas knows from his body language that she is upset even though she doesn’t say that she is. Raina breaks a complex problem down into more manageable pieces in order to deal with it better. Raina breaks a complex problem down into more manageable pieces in order to deal with it better. Tina recognizes that there is a fundamental flaw in her approach to the plans for a project, and revises them to better align with the client’s vision. Tina recognizes that there is a fundamental flaw in her approach to the plans for a project, and revises them to better align with the client’s vision.
When speaking with a client, Thomas knows from his body language that she is upset even though she doesn't say that she is.
How do architects use critical thinking?Great designers cast a critical eye over precedent, extracting valuable lessons and ideas that they're able to apply to their own work. They're skilled in this thinking and therefore allow themselves the time to research and rigorously reflect on precedent, in order to inform their own work. Through critical thinking, we are encouraged to rigorously question ideas and assumptions, rather than accepting them without deeper reflection. In turn, design thinkers apply critical thinking to determine whether their ideas and findings represent a realistic picture of the user experience.
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"Complete question:
Which of the following is the best example of an architect using critical thinking?
-When speaking with a client, Thomas knows from his body language that she is upset even though she doesn't say that she is.
-Tina recognizes that there is a fundamental flaw in her approach to the plans for a project, and revises them to better align with the client's vision.
-Raina breaks a complex problem down into more manageable pieces in order to deal with it better.
-William is quick with even complex math and can perform many equations in his head without making mistakes."
Define technological literacy.
Answer:
Technology Literacy is the ability to safely, responsibly, creatively, and effectively use appropriate technology to: communicate; access, collect, manage, integrate, and evaluate information;
Explanation:
Use technology to meet personal needs, interests, and learning styles.
Answer:
Technology literacy is the capacity to use suitable technology in a safe, responsible, creative, and effective manner to communicate, access, collect, manage, integrate, and evaluate information.
Explanation:
Poppy co. uses a periodic inventory system. beginning inventory on january 1 was understated by $30,000, and its ending inventory on december 31 was understated by $17,000. in addition, a purchase of merchandise costing $20,000 was incorrectly recorded as a $2,000 purchase. none of these errors were discovered until the next year. as a result, poppy's cost of goods sold for this year was:
If None of these errors were discovered until the next year. As a result, Poppy's cost of goods sold for this year was: Understated by $31,000.
Cost of goods soldUsing this formula
Cost of goods sold=Beginning inventory + Incorrect entry for Merchandize Purchase - Ending inventory
Let plug in the formula
Cost of goods sold=$30,000+($20,000-$2,000)-$17,000
Cost of goods sold=$30,000+$18,000-$17,000
Cost of goods sold=$31,000 understated
Therefore Poppy's cost of goods sold for this year was: Understated by $31,000.
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How do you solve economic equations when they add percentages like 200% & add another # with it?
Answer:
Sorry if this is unclear btw!
Explanation:
A percentage is a number multiplied by 100. So, 200 ÷ 100 = 2. So, if you are adding 200% to a number, you only add 2. When multipliying by 200%, you multiply by 2. Same for subtraction and division!
Although channels of distribution allow consumers and industrial users access to products from all over the world, they do not guarantee that consumers will be able to purchase anything they want. Tiny time they want. Certain products may only be available in limited supplies. Because of supply and demand, channel members may be able to charge higher prices for coveted products. This may be fine for a designer handbag, but what if the product is more basic, like fresh water or medical supplies? Or, let's say there is a hurricane or tornado in a certain part of the country, and many people need to repair their homes and roofs. Is it OK for channel members to mark up hardware products during this time to make a bigger profit?
Answer:
We can more easily obtain products from all over the world. Channels of distribution allow consumers, industrial users, producers, and other channel intermediaries to save time and money. They also allow us to more easily obtain products from all over the world, since we do not have to travel and search for each individual item we wish to purchase.
Which of the following is an example of finished-goods inventory for a candle company? Multiple Choice the candles for sale in the company's retail store the metal discs used to anchor the wicks a box
The example of finished-goods inventory for a candle company is the candles for sale in the company's retail store(1).
Finished-goods inventory represents the final products that have completed the manufacturing process and are ready for sale to customers. In the context of a candle company, the finished-goods inventory consists of the candles that have undergone all the necessary production steps, including melting the wax, pouring it into molds or jars, adding wicks, and cooling to form the final candles.
Once these candles have been produced, inspected, and packaged, they are deemed finished goods and can be sold to consumers.
The other options mentioned in the multiple-choice question are not examples of finished-goods inventory. The metal discs used to anchor the wicks and the box of wicks in the company's factory are likely considered as raw materials or work-in-progress inventory since they are components used in the production process.
The glass jars used for pouring the wax are also likely considered as raw materials or packaging materials.
The batch of candles that are in the pouring process would be classified as work-in-progress inventory since they are still undergoing production and not yet finalized for sale.
Therefore, the candles available for sale in the retail store are the only appropriate example of finished-goods inventory among the options provided.
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Note: The complete question is:
Which of the following is an example of finished-goods inventory for a candle company?
Multiple Choice
the candles for sale in the company's retail store the metal discs used to anchor the wicks a box of wicks in the company's factory the glass jars the wax is poured into a batch of candles that are in the pouring processstandards of excellence in corporate community involvement include all of the following except a. issues management. b. leadership. c. efficiency. d. relationship building.
Standards of excellence in corporate community involvement include all of the following except efficiency.
What is not standards of excellence in corporate community involvement
Efficiency is an important aspect of corporate community involvement, but it is not typically considered a standard of excellence in this context. The other options listed are all commonly recognized as key standards for effective corporate community involvement:
a. Issues management: This involves identifying and addressing the key social and environmental issues that are relevant to a company and its stakeholders. Effective issues management is essential for ensuring that a company's community involvement efforts are aligned with its values and goals.
b. Leadership: Corporate community involvement requires strong leadership at all levels of the organization, from the CEO to front-line employees. Leaders must be committed to community involvement and must provide the resources and support needed to make it a success.
c. Relationship building: Building strong relationships with community stakeholders, including customers, employees, suppliers, and local residents, is critical for effective community involvement. Companies must be able to listen to the needs and concerns of these stakeholders and work collaboratively with them to address important issues.
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Read the following case and answer the questions that follow about rating errors in performance appraisal.
At the end of every semester at Columbus State University, students fill out performance measures to evaluate the quality of instruction in each of their courses. Suppose that Professor Young, a white female, knew that students' evaluations were often subject to several errors in rating bias, so she decided to investigate to see if any of these errors were occurring on her own evaluations. In addition to completing an evaluation of Professor Young's performance, students were asked to fill out a brief demographic survey. Then, she conducted several random interviews with students to find out more information on why they rated her as they did. After gathering all of her data, Professor Young analyzed the information to see if she could identify any trends. What she found was quite interesting. First, after reviewing the evaluations, she discovered that students who thought her tests were difficult tended to rate her negatively in all other areas. After she interviewed some of the students, she also discovered that some students rated all their professors very high, very low, or right down the middle. These students were consistently using only one part of the rating scale, regardless of a professor's effectiveness or lack of effectiveness. Other students tended to compare Professor Young to other instructors. One student even told Professor Young in the interview, "It's not like you are a bad professor, it's just that I had Dr. Ink this quarter and he is great!" The interviews also provided Professor Young with information on why some students rated her very highly. For example, one student told her that he was planning on taking another course from her and thought if he gave her a high evaluation, she would be more lenient in grading his work, even though he knew the evaluations were anonymous. Finally, in analyzing the demographic data, Professor Young saw that the white females were giving her higher ratings than other students. Professor Young had certainly learned quite a bit in analyzing her performance evaluations! She decided that next semester she would discuss rating errors with her class before having them evaluate her instruction.
Questions (Pick best option in brackets):
Professor Young investigated the rating errors in her performance evaluations and found that students who thought her tests were difficult tended to rate her negatively in all other areas.
Some students also rated all their professors very high, very low, or right down the middle, regardless of the professor's effectiveness. Other students tended to compare Professor Young to other instructors, and some students rated her highly in the hopes of receiving a better grade in her class. Finally, Professor Young found that white females were giving her higher ratings than other students.
Professor Young's investigation revealed several common rating errors. Central tendency error is the tendency to rate most people in the middle of the scale, regardless of their actual performance. This error may have been at play when students who thought Professor Young's tests were difficult rated her negatively in all other areas. Leniency error is the tendency to rate people too high, while strictness error is the tendency to rate people too low. These errors may have been at play when some students rated all their professors very high, very low, or right down the middle. Contrast error is the tendency to rate someone relative to others. This error may have been at play when students compared Professor Young to other instructors. Finally, personal bias can also lead to rating errors. This error may have been at play when some students rated Professor Young highly in the hopes of receiving a better grade in her class.
What can be done to reduce rating errors in performance appraisals?
There are a number of things that can be done to reduce rating errors in performance appraisals. One is to provide clear and specific performance criteria. This will help raters to focus on objective, measurable aspects of performance, rather than on subjective factors. Another is to use multiple raters. This will help to reduce the impact of individual biases. Finally, it is important to train raters on how to avoid rating errors. This training should cover the different types of rating errors, as well as strategies for avoiding them.
Here are some additional tips for reducing rating errors:
Use a well-designed performance appraisal form. The form should be clear, concise, and easy to use.
Provide training for raters. This training should cover the purpose of performance appraisals, the different types of rating errors, and how to avoid them.
Use multiple raters. This will help to reduce the impact of individual biases.
Review performance appraisals on a regular basis. This will help to identify any potential problems and take corrective action.
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If 1m people are unemployed and the potential labour force is 30m, what is the unemployment rate
Answer:
total labour= 40m
unemployement rate= 1000000/40000000*100%= 2.5%
Explanation:
Select the correct answer from the drop-down menu if a society decides to produce consumer goods from its available resources, it is answering the basic economic question, how to produce? What to produce? For whom to produce?
A) how to produce
B) what to produce
C) to whom to produce
an increase in which of the following would increase the price of a call option on common stock, ceteris paribus? i. stock price ii. stock price volatility iii. interest rates iv. exercise price\
An increase in the stock price or stock price volatility would increase the price of a call option on common stock, ceteris paribus.
On the other hand, an increase in interest rates or exercise price would decrease the price of a call option on common stock, ceteris paribus. Ceteris paribus, an increase in any of the aforementioned variables would raise the cost of a call option on common stock: i. stock price; ii. stock price volatility; iii. interest rates. However, a call option's price would typically decline as the iv. exercise price rose. An investor who purchases a call option in the hope that the value of the assets that underlie it will rise is said to be long with respect to the option.
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what is the law of demand and supply
Answer:The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines what effect the relationship between the availability of a particular product and the desire (or demand) for that product has on its price.
Explanation:
Two mutually exclusive projects are under consideration. Which project should be selected if the simple payback method is used to make the determination? Which project should be selected if NPV or NFV were used? Explain any differences in results.
The simple payback method calculates the time it takes for a project to recoup its initial investment. The project with the shortest payback period would be selected. This method does not consider the time value of money, making it less accurate than other methods.
On the other hand, net present value (NPV) and net future value (NFV) methods consider the time value of money and provide a more accurate measure of a project's profitability. The project with the higher NPV or NFV would be selected.
If the projects have similar payback periods, the project with the higher NPV or NFV should be selected. This is because NPV and NFV take into account the entire cash flows of the project, whereas payback only considers the time it takes to recoup the initial investment.
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What are good sides and bad sides of breaking news and some examples why is it bad/good?
Answer:
breaking news may have a bad news example of bad news is fake news
Answer:
In my opinion, I see that the good side of news is that it help people be more aware of what's going around, and some may contribute to the rise in support for some fundings and charity programs for example: if a breaking news about a victim of any crime for example stolen house is displayed, an interview can give a voice to the victim to speak out and maybe raise fundings to repair all stolen goods or damaged items. On the other hand, some breaking news can end up sending out the wrong message and information for example talking about untrustable information, which may later on turn out to be wrong this can cause rumors.
what effect will a low economic growth have on the country
Answer:
it can lead to national poverty and economy crisis
An article in a newspaper explains that a new business is about to open.
Answer:
So what's the question......??????
ATP is a vehicle manufacturing company which purchases most of the component from suppliers all around the globe. To minimize inventory costs, management decided to use Economic Order Quantity to control its inventory level. KWP is ATP’s long-term supplier for tire, and they have agreed to strict delivery time and quality requirement. Based on the 202X budget, the following information was collected from production:1. Based on pre-order, ATP requires 5250 units of tire each month for the first 4 months of the year and 3625 units of tires each month for the remainder of the year. 2. The carrying cost per unit is R2 per year. 3. The cost per order is R1,000.
Economic Order Quantity is 7071 units to control its inventory level. The following variables are necessary to determine the economic order quantity: demand rate, setup costs, and holding costs.
What are EOQ and its formula?The following is the EOQ formula. EOQ equals the square root of [(2 times demand times ordering cost)/carrying charge]. Demand. The EOQ's assumptions state that the demand is unchanged. The measure of demand is how much inventory is used annually or how many units are sold annually.
Given,
Annual Requirement = 50,000 ( 5250 x 4 + 3625 x 8)
Carrying cost = 2 per year
Order cost = 1000 per order
Required to calculate EOQ =?
EOQ = square root of [(2 times demand times ordering cost)/carrying charge]
EOQ = √ 2 x 50000 x 1000/2
EOQ = √50,000,000
EOQ = 7071 units
Thus, the EOQ is 7071 units. Economic order quantity is crucial since it aids businesses in effectively managing their inventories. Without these inventory management strategies, businesses will frequently store excess inventory during times of low demand while holding insufficient inventory during times of strong demand. Missed opportunities result from either issue.
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list two of three places where a student can learn about apprenticeship opportunities
Answer: The first and really the best way is Job corps, trade schools, and a regular fast food restuarant
Explanation: But Job corps is better you get a place to stay you get all the benefits like medical coverage, child services, food, drivers liscence, and you can learn over 50 things to do.
The two places where a student can learn about apprenticeship opportunities are Job corps, trade schools.
What is apprenticeship?Apprenticeship is a system for educating a new generation of practitioners of a trade or profession through on-the-job training and, in some cases, additional study.
Apprenticeships can also help practitioners obtain a license to work in a regulated occupation. The majority of their training is completed while working for an employer who assists apprentices in learning their trade or profession in exchange for continued labor for an agreed-upon period after they have demonstrated measurable competencies.
Therefore, Job corps, trade schools are the best places where a student can learn about apprenticeship opportunities.
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Please help!! My 9th time posting this please actually help me!
Dissatisfied customers may occasionally post harsh criticism of a product or service on a company's social media site. Social media experts say that not every comment on the Web merits a response. Concisely describe the circumstances that merit a professional response to an online post. Then describe the guidelines you should follow when composing to customers online.
To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.
To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.
In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.
The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.
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Please help me answer this!! Thanks!
If a company reported total sales of $59,919, cost of goods sold of $21,112, gross income of $38,807, operating expenses of $18,005 and a gross profit ratio of 65%, what was the company's operating income? (Round to the nearest dollar)
a) -$18,005
b) $20,802
c) $25,225
d) $38,807
Answer:
$20, 802
Explanation:
Operating income is the income after deducting the operating expenses. It is gross profit minus operating expenses.
Operating income is also known as operating income. It is also called earnings before interest and Taxes EBIT because it is operating income less operating expenses, excluding taxes and interest.
Operating income is calculated using the formula.
Gross profit -operating expenses = operating income
i.e,. Total sales- COGS -operating expenses = operating income
operating income =$59,919 - $21,112, -$18,005
Operating income = $20, 802