Net operating income is defined as:
A)net income plus interest and taxes.
B)sales minus variable expenses.
C)sales minus variable expenses and traceable fixed expenses.
D)contribution margin minus traceable and common fixed expenses.

Question

Quizplus · Accepted Answer

The Answer of Net operating income is defined as:
A)net income plus interest and taxes.
B)sales minus variable expenses.
C)sales minus variable expenses and traceable fixed expenses.
D)contribution margin minus traceable and common fixed expenses.

Net Operating Income Is Defined As