Operating Income Is

question 34

Multiple Choice

Operating income is

• A) Net income less taxes less interest expense
• B) Net income plus taxes plus interest expense
• C) Net income plus taxes
• D) Net income less interest expense

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Definitions:

Corporations Are Persons

A legal doctrine stating that corporations, separate from their shareholders, have some of the same legal rights and responsibilities as individuals.

Meaning Matters

The importance of understanding, significance, and purpose in communication, actions, and decision-making.

Critical Thinking Skill

The ability to think clearly and rationally, understanding the logical connection between ideas.