Which of the Following Is NOT a Component of Operating

question 32

Multiple Choice

Which of the following is NOT a component of operating income return on investment?

• A)Total assets
• B)Cost of goods sold
• C)Sales
• D)Taxes

Understand the concept of goodwill, its computation, and the impairment review process.

Learn about the equity method, partial equity method, and initial value method for investment accounting.

Master the calculation of noncontrolling interest and its impact on consolidated financial statements.

Learn the adjustment and amortization of fair value allocations to the financial statements over time.

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Definitions:

Scolex

The head or anterior end of a tapeworm, equipped with hooks and/or suckers for attaching to the intestinal wall of the host.

Tapeworm

A parasitic flatworm that lives in the digestive tracts of vertebrates, absorbing nutrients from the host's diet.

Pseudocoelom

Fluid-filled cavity between the gut and body wall; partially lined by tissue derived from mesoderm.

Tubular Digestive System

A type of digestive system in which the digestive tract forms a continuous tube from mouth to anus, allowing for sequential processing of food.