Question

Fishy & Co had revenues of $2,000, cost of
goods sold of $780, advertising expense
of $100, and interest expense of $25. Net
income was?​

Answer 1

Net Income= Revenue- cost of goods Sold- expenses

Net Income=2000-780-(100+25)

Net Income=905

Answer 2

Answer:

1095

Explanation:

2000-780= 1220

1220-100= 1120

1120-25 = 1095