Operating profit excludes each of the following, except:
A) Interest expense.
B) Income taxes.
C) Depreciation.
D) Prepaid expenses.

Name: Operating profit excludes each of the following, except: A) Interest expense. B) Income taxes. C) Depreciation. D) Prepaid expenses.
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Question

Quizplus · Accepted Answer

Operating profit includes depreciation as it is a part of operating expenses, while interest expense, income taxes, and prepaid expenses are excluded.

Operating Profit Excludes Each of the Following, Except