General Studies · Fixed Charges
At what stage of financial accounting are fixed charges deducted?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1From gross revenue before deducting the cost of goods sold
- 2Directly from the capital reserve account at the end of the fiscal year
- 3From net profit after distributing dividends to equity shareholders
- 4From income before earnings on equity capital are computed✓
Correct answer
From income before earnings on equity capital are computed
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