Homework-5#12: Preparation of the Multiple Step Income Statement -P5-4A (Textbook) Instructions: TEXTBOOK PROBLEM P5-4A - WOLFORD DEPARTMENT STORE - use extra note papers. Using the list of Account Classification and Presentation, Put an "X" beside all accounts which are reported on the Multiple Step Income Statement. a. Prepare the Multiple Step Income Statement ONLY using the format for PW Audio Supply Inc. Ratio Analysis - ob. Calculate the gross profit rate and profit margin. 5-15 Homework-5#12: Preparation of the Multiple Step Income Statement -P5-4A (Textbook) Instructions: TEXTBOOK PROBLEM P5-4A - WOLFORD DEPARTMENT STORE - use extra note papers. Using the list of Account Classification and Presentation, Put an "X" beside all accounts which are reported on the Multiple Step Income Statement. a. Prepare the Multiple Step Income Statement ONLY using the format for PW Audio Supply Inc. Ratio Analysis - ob. Calculate the gross profit rate and profit margin. 5-15