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    Foundations of Financial Management Study Set 4
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    Which of the Following Is Not Subtracted in Arriving at Operating
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Which of the Following Is Not Subtracted in Arriving at Operating

Question 46

Question 46

Multiple Choice

Which of the following is not subtracted in arriving at operating income?


A) Interest expense
B) Cost of goods sold
C) Depreciation
D) Selling and administrative expense

Correct Answer:

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