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Gross profit does not appear on a single - step income statement. on a multiple - step income statement. on either a multiple - step
Gross profit does not appear on a singlestep income statement. on a multiplestep income statement. on either a multiplestep or singlestep income statement. to be relevant in analyzing the operation of a merchandising company. 
Gross profit does not appear
on a singlestep income statement.
on a multiplestep income statement.
on either a multiplestep or singlestep income statement.
to be relevant in analyzing the operation of a merchandising company.
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