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13 3 points All of the following statements are correct about a multiple-step income statement except: It highlights the components of net income. It contains
13 3 points All of the following statements are correct about a multiple-step income statement except: It highlights the components of net income. It contains amounts for gross profit and income from operations. It results in a different amount of net income than a single-step income statement. It allows investors and creditors to clearly see non-operating revenues and gains and expenses and losses which may not recur.
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