Question
Why do you think investors need to know operating income when they have net income? What is the most significant information that your Income Statement
Why do you think investors need to know operating income when they have net income? What is the most significant information that your Income Statement is providing you in general and more specifically in the case of Choice Hotel?
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Investors need to know both operating income OI and net income NI because they provide different insights into a companys financial health Heres a bre...Get Instant Access to Expert-Tailored Solutions
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Get StartedRecommended Textbook for
Financial Accounting Theory
Authors: William R. Scott
7th edition
132984660, 978-0132984669
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