A company has a gross profit margin of 40%. Given the information below, calculate operating income Sales $1,000M COGS ? Gross Profit ? Selling, G&A $230M Restructuring $10M Operating Income ?

A company has a gross profit margin of 40%. Given the information below, calculate operating income Sales $1,000M COGS ? Gross Profit ? Selling, G&A $230M Restructuring $10M Operating Income ?

A company has a gross profit margin of 40%. Given the information below, calculate operating income
Sales $1,000M
COGS ?
Gross Profit ?
Selling, G&A $230M
Restructuring $10M
Operating Income ?




A) $360M
B) $390M
C) $170M
D) $160M









Answer: D