9)All of the following are income statement items EXCEPT Select one: a. depreciation expense b. cost of goods sold c. interest expense d. accrued expenses

10) The pay back period of an investment that achieves the following cash flow in a row (0,1000,2000,4000) and its initial outlay equals $5000 is:- Select one: a. 3 years and 5 months b. 3 years and 6 months c. 2 years and 5 months d. 2 years and 6 months