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    Entrepreneurial Finance Study Set 1
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    Exam 4: Preparing and Using Financial Statements
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    Total Operating Fixed Costs (TOFC)equal
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Total Operating Fixed Costs (TOFC)equal

Question 26

Question 26

Multiple Choice

Total operating fixed costs (TOFC) equal:


A) cash operating fixed costs (excluding interest expenses)
B) noncash fixed costs (e.g.,depreciation)
C) interest expenses
D) a plus b
E) a plus b plus c

Correct Answer:

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