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4. The major components of the income statement are listed below: A = extraordinary items B = income from continuing operations C = earnings per

4. The major components of the income statement are listed below:

A = extraordinary items

B = income from continuing operations

C = earnings per share

D = cumulative effects of change in accounting principle

E = results from discontinued operations

In what sequence do they normally appear on the income statement?

a. B-A-E-D-C

b. B-E-A-D-C

c. B-E-D-A-C

d. B-D-E-A-C

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