Which of the following is NOT an operating expense?
A) interest expense
B) depreciation and amortization
C) selling, general, and administrative expenses
D) research and development
Correct Answer:
Verified
Q9: A 30-year mortgage loan is a:
A)long-term liability.
B)current
Q15: Accounts payable is a:
A)long-term liability.
B)current asset.
C)long-term asset.
D)current
Q20: Cash is a:
A)long-term asset.
B)current asset.
C)current liability.
D)long-term liability.
Q30: What is a firm's gross profit?
A) the
Q31: Gross profit is calculated as _.
A) total
Q32: Balance Sheet Q36: Which of the following is NOT considered
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