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    Exam 5: Merchandising Operations
  5. Question
    In a Multi-Step Income Statement,which of the Following Items Is
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In a Multi-Step Income Statement,which of the Following Items Is

Question 98

Question 98

Multiple Choice

In a multi-step income statement,which of the following items is excluded from the calculation of operating income?


A) sales revenue
B) interest expense
C) selling expense
D) administrative expense

Correct Answer:

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