Which of the Following Is Added to Operating Income to Arrive

question 17

Multiple Choice

Which of the following is added to operating income to arrive at net income?

• A)sales revenue
• B)cost of goods sold
• C)interest revenue
• D)operating expenses

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Definitions:

Revocation

In general, the recalling or voiding of a prior action. In contract law, the withdrawal of an offer by the offeror prior to effective acceptance by the offeree.

Dispatched

The act of sending someone or something off to a destination or for a specific purpose, often related to the delivery of goods or services.

Power To Revoke

The legal authority to cancel or withdraw a decision, offer, or agreement.

Promises

Declarations or assurances that one will do something or that a particular thing will happen.