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fenil 13 April 2020 at 12:34 PM
Which of the following is true concerning the calculation of operating income? a) Operating income is calculated as sales revenue minus cost of goods sold minus selling, general, and administrative expenses, plus earned interest and dividend income. b) Operating income is calculated as sales revenue minus cost of goods sold minus selling, general, and administrative expenses, plus or minus other revenue and expenses. c) Operating income is calculated as sales revenue minus cost of goods sold minus selling, general, and administrative expenses, plus translation adjustments. d) Operating income is calculated as sales revenue minus cost of goods sold minus selling, general, and administrative expenses.
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FACULTY 15 May 2020 at 05:28 PM
Operating income is calculated as sales revenue minus cost of goods sold minus selling, general, and administrative expenses.(option D)
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