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Consider the following information about Company A and Company B. Both have the same annual sales and the same ax rate. Both companies have outstanding
Consider the following information about Company A and Company B. Both have the same annual sales and the same ax rate. Both companies have outstanding debt. Which of the following statements is true when comparing the two companies? e. Company A has higher cost of goods sold, the same operating expenses, and lower interest expense f. Company A has the same cost of goods sold, lower operating expenses, and higher interest expense g. Company A has the same cost of goods sold, higher operating expenses, and lower interest expense h. Company A has higher cost of goods sold, higher operating expenses, and lower interest expense i. Company A has the same cost of goods sold, higher operating expenses, and higher interest expense
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