which of the following items would be classified as operating revenue or expense on 641682
Which of the following items would be classified as operating revenue or expense on an income statement of a manufacturing firm?
1. Interest expense
2. Advertising expense
3. Equity income
4. Dividend income
5. Cumulative effect of change in accounting principle
Which of the following is a recurring item?
1. Error of a prior period
2. Equity in earnings of nonconsolidated subsidiaries
3. Extraordinary loss
4. Cumulative effect of change in accounting principle
5. Discontinued operations