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7 12 and 14 iPad? 3:56 PM * 43%. xayimg.com 3 of 3 24. Which of the following is an incorrect statement? a. Income Expenses

7 12 and 14
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iPad? 3:56 PM * 43%. xayimg.com 3 of 3 24. Which of the following is an incorrect statement? a. Income Expenses Operating Income b. Current Assets- Current Liabilities- Net Working Capital c. Net Profit-EBT Taxes d. Operating Income Interest PMT- Gross Profit e. Expenses = CGS + Operating Expenses 25. Which item of the income statement represents the taxable income of the firm? a. EBIT b. Operating Income c. EBT d. CGSe. EAT

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