Analysis MCQ
Analysis
A corporation's annual report shows that the reported net income before tax is falling at a faster rate than operating income. Which of the following expenses must have grown at a faster rate?
A corporation's annual report shows that the reported net income before tax is falling at a faster rate than operating income. Which of the following expenses must have grown at a faster rate?
A corporation's annual report shows that the reported net income before tax is falling at a faster rate than operating income. Which of the following expenses must have grown at a faster rate?
A. Depreciation
B. Bond Interest
C. Preferred Dividend
D. Cost of Goods Sold
Answer: B. Bond Interest
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