Which of the following is true? Time left 1:07:05 Select one: O a. Taxation impacts on the income statement decrease a firm's OPM b. Operating income is also known as EBIT Almost all the time a firm's TAT is greater than the firm's FAT O d. R&D expenses and SG&A expenses are considered variable costs (i.e., COGS) None of the above are true statements - A, B, C & D are all false statements C. O e evious page Next pag