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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
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Phoniex University
Oct-2001 - Nov-2016
Operating versus nonoperating income
Pandora Corporation operates several factories in the Midwest that manufacture consumer electronics. The December 31, 2016, year-end trial balance contained the following income statement items:

Required:
Calculate the company’s operating income for the year
Â
Ope-----------rat-----------ing----------- ve-----------rsu-----------s n-----------ono-----------per-----------ati-----------ng -----------inc-----------ome----------- P-----------and-----------ora----------- Co-----------rpo-----------rat-----------ion----------- op-----------era-----------tes----------- se-----------ver-----------al -----------fac-----------tor-----------ies----------- in----------- th-----------e M-----------idw-----------est----------- th-----------at -----------man-----------ufa-----------ctu-----------re -----------con-----------sum-----------er -----------ele-----------ctr-----------oni-----------cs.----------- Th-----------e D-----------ece-----------mbe-----------r