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23.Which of the following statements about a multistep income statement is correct? A.It groups all revenues together. B.It reports a different amount of net income
23.Which of the following statements about a multistep income statement is correct?
A.It groups all revenues together.
B.It reports a different amount of net income than a single-step income statement.
C.It includes expenses that would not appear on a single-step income statement.
D,A key measure available on a multistep income statement is the amount of profit earned over the cost of goods sold.
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