The calculation of operating profit may include three of the following four expenses. Which one is not
Question:
The calculation of operating profit may include three of the following four expenses. Which one is not included?
(a) Rent payable.
(b) Depreciation.
(c) Loan interest.
(d) Insurance.
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Related Book For
Understanding Financial Statements
ISBN: 9781292101552
11th Global Edition
Authors: Lyn Fraser, Aileen M. Ormiston
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