Register
Which of the following items are not included when determining income from operations? Review Later Research and development expenses Sales revenue Taxes General and administrative expenses
129k views
0 votes
Which of the following items are not included when determining income from operations?

Review Later
Research and development expenses
Sales revenue
Taxes
General and administrative expenses

User Pavlovich
by
3.0k points

1 Answer

1 vote

Answer:

Taxes.

Step-by-step explanation:

Taxes are calculated after getting the income from operations.

remember that Accounting Profit is different from Tax Profit, as the two are calculated differently.

User John Alexander Betts
by
4.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.5m questions

4.4m answers

Other Questions

How can expansionary​ expenditure-based fiscal policy lead to crowding out in the​ economy? A. ​Expenditure-based fiscal policy increases the national​ debt, inducing​ forward-looking households and firms
Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.
In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. what is his best option for affording a bachelors degree
The method of appraisal in which the appraiser estimates the replacement cost of the building, deducts depreciation, and adds the value of the site is:________
Link Copied!