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Which of the following accounts would not be part of operating income? Interest expense Cost of sales Depreciation expense Selling, general & administrative expense The
Which of the following accounts would not be part of operating income? Interest expense Cost of sales Depreciation expense Selling, general & administrative expense The balance sheet is useful to determine all of the following items, except for: Financial flexibility to deal with unexpected downturns. Financial performance at a point in time. Degree of financial leverage. Liquidity position of the company. 
Which of the following accounts would not be part of operating income?
Interest expense
Cost of sales
Depreciation expense
Selling, general & administrative expense
The balance sheet is useful to determine all of the following items, except for:
Financial flexibility to deal with unexpected downturns.
Financial performance at a point in time.
Degree of financial leverage.
Liquidity position of the company.
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Fundamentals of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
3rd edition
1118845897, 978-1118845899
