Which of the following is NOT included in the calculation of net income? a) Revenues b) Cost of Goods Sold c) Operating Expenses d) Dividends

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 20MC: Which of the following is a measurement of earnings that represents the profit before interest,...
icon
Related questions
Question
100%

Provide answer

Which of the following is NOT included in
the calculation of net income?
a) Revenues
b) Cost of Goods Sold
c) Operating Expenses
d) Dividends
Transcribed Image Text:Which of the following is NOT included in the calculation of net income? a) Revenues b) Cost of Goods Sold c) Operating Expenses d) Dividends
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 1
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
Income Tax Fundamentals 2020
Income Tax Fundamentals 2020
Accounting
ISBN:
9780357391129
Author:
WHITTENBURG
Publisher:
Cengage
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning