Which One of the Following Expense Categories Is Subtracted from Total

question 90

Multiple Choice

Which one of the following expense categories is subtracted from total revenues to help arrive at a firm's EBIT (Operating Income) ?

• A)cash dividends
• B)depreciation expense
• C)interest expense
• D)tax liability

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Definitions:

Lotion

A liquid or semi-liquid topical preparation intended for application to the skin to moisturize, protect, or medicate.

Isopropyl Alcohol

A colorless, flammable chemical compound with strong antiseptic properties, commonly used as a disinfectant and cleaning agent.

Spirometry

A test used to measure breathing capacity.

Tight Clothing

Apparel that fits very closely to the body, often stretching to conform to the body's shape.