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In which section of the income statement should discontinued operations be classified? Net sales. Operating expenses. Other revenue/expense. Special items. Flag this Question Question 24
In which section of the income statement should discontinued operations be classified?
| Net sales. |
| Operating expenses. |
| Other revenue/expense. |
| Special items. |
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Question 24
5 pts
Since other income or expense items are not part of daily operations there is no need to analyze these accounts.
| True |
| False |
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Question 25
5 pts
In which section of the income statement should interest expense be classified?
| Net sales. |
| Operating expenses. |
| Other revenue/expense. |
| Special items. |
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