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In a multiple-step statement of earnings, interest expense is included in the calculation of: O a. gross profit. O b. operating expenses. Oc. earnings
In a multiple-step statement of earnings, interest expense is included in the calculation of: O a. gross profit. O b. operating expenses. Oc. earnings from operations. O d. cost of sales. O e. none of the other answers.
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
