Question:

The following information for the current year is available for a company that prepares its financial statements in accordance with US GAAP. 

The company's operating profit (in thousands) is closest to:

A. $2,050. 
B. $2,300. 
C. $1,850

Answer = A 

CFA Level I“

Understanding Income Statements,” Elaine Henry and Thomas R. Robinson

Sections 5.3, 5

 

 

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