Question

In: Finance

Albion is looking for ways to increase his bottom line by reducing his operating expenses, so...

Albion is looking for ways to increase his bottom line by reducing his operating expenses, so he consults his most recent income statement.

Which of the following should he focus on?

  • a.)

    Advertising costs

  • b.)

    Interest payments

  • c.)

    Income taxes

  • d.)

    Foreign exchange losses

Solutions

Expert Solution

Answer: Correct Option is a.) Advertising Expenses.

Reason :

To increase his bottom line Albion wants to reduce operating expenses and Advertising expenses is a kind of operating expenses.So to increase Bottom line Albion want to reduce his Advertising expenses.


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