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

$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

well based on 99% of parents have dont something wrong to there kids mabey even stole money from you so based on maney inccedent i would choose guilt

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