Which one of the following statements related to an Income statement is correct? Multiple Cholce...
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Accounting
Which one of the following statements related to an Income statement is correct? Multiple Cholce Interest expense Increases the amount of tax due Depreclation does not affect taxes since It Is a non-cash expense. Net Income Is distributed to dividends and pald-In surplus Taxes reduce both net Income and operating cash flow. nterest expense Is Included In operating cash flow
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