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    Fundamentals of Investments
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    Exam 17: Projecting Cash Flow and Earnings
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    Which One of the Following Is NOT Included in Operating
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Which One of the Following Is NOT Included in Operating

Question 45

Question 45

Multiple Choice

Which one of the following is NOT included in operating income?


A) sales
B) depreciation
C) interest expense
D) cost of goods sold
E) other operating expenses

Correct Answer:

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