Which of the Following Statements About Net Income (NI) Is

question 38

Multiple Choice

Which of the following statements about net income (NI) is true?

• A) NI = operating income plus nonoperating revenue.
• B) NI = operating income plus operating costs.
• C) NI = operating income less income taxes.
• D) NI = operating income less cost of goods sold.

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Definitions:

Histogram

Figure that uses connected bars to represent the frequency of each value of a variable.

Frequency Polygon

A graphical representation of a distribution; it displays the number of observations within a given interval represented by a line connecting points.

Bar Chart

Figure that uses bars to represent the frequency or percentage of a sample corresponding to each value of a variable.

Histogram

A graphical representation of data using bars of different heights to show the distribution of values in a continuous data set.