Operating Expenses Would Not Include

question 35

Multiple Choice

Operating expenses would not include

• A) cost of goods sold.
• B) salaries expenses.
• C) insurance expenses.
• D) depreciation expenses.

---

Definitions:

Debt-to-Equity Ratio

An indicator of the relative amounts of shareholders' equity and debt financing employed to support a company's assets.

Year 2

Not applicable as a key term for a specific definition without context.

Average Sale Period

An efficiency ratio that indicates the average number of days it takes for a company to convert its inventory into sales.

Inventory Turnover

A ratio showing how many times a company has sold and replaced inventory over a given period, indicating efficiency in inventory management.