QUESTIONS 45 THROUGH 68 RELATE TO FINANCIAL STATEMENT ANALYSIS

48.

The following information for the current year is available for a company that prepares its

financial statements in accordance with U.S. GAAP.

in $’000s

Revenue

7,000

Cost of goods sold

4,200

Other operating expenses

500

Restructuring costs

250

Interest expense

200

The company’s operating profit (in $000s) is closest to:

A.

1,850.

B.

2,050.

C.

2,300.