Business, 17.02.2020 18:29 skifchaofficial01

"Snoop Company sells collectibles. The following information summarizes Snoop Company's operating activities for the most recent year: Merchandise inventory, beginning $12,000 Merchandise inventory, ending 6,000 Purchases 97,000 Operating expenses 6 2,000 Sales revenue 195,000"

What is the operating income for the year? (Round your answer to the nearest whole dollar.)

A.

$274,000

B.

$320,000

C.

$206,000

D.

Answers: 2

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