Calculate income from operations for Jonas Company based on the following data: Sales $764,000 Operating expenses 52,500 Cost of merchandise sold 538,000 a.$226,000 b.$711,500 c.$485,500 d.$173,500

173,500

Explanation:

Operating income is income derived from a business's operations, after deducting operating expenses e.g. wages, depreciation, and cost of goods sold

Operating income = sales - operating expenses- cost of merchandise sold

$764,000 - 52,500 - 538,000 = 173,500

I hope my answer helps you

i might look it up later.

yes the correct answer was

b.the increased supply will create a surplus.