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Operating income versus net income Refer to the selected financial data (five-year financial summary) in the Campbell Soup Company annual report in the appendix. Required:
Operating income versus net income Refer to the selected financial data (five-year financial summary) in the Campbell Soup Company annual report in the appendix.
Required:
Compare the trend of the operating income (earnings before interest and taxes) data with the trend of net income (net earnings attributable to Campbell Soup Company) data form 2010 through 2014. Which series of data is more meaningful? Explain your answer.
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