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  3. Study Set
    Principles of Corporate Finance Study Set 4
  4. Exam
    Exam 2: Financial Statements, Cash Flows, and Taxes
  5. Question
    Operating Profits Are Defined as
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Operating Profits Are Defined as

Question 130

Question 130

Multiple Choice

Operating profits are defined as


A) earnings before depreciation and taxes.
B) gross profits minus operating expenses.
C) sales revenue minus depreciation expense.
D) sales revenue minus cost of goods sold.

Correct Answer:

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