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In its income statement for teh year ended December 31, 2020, Anhad Company reported teh following condensed data. Prepare multiple step income statement and a

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In its income statement for teh year ended December 31, 2020, Anhad Company reported teh following condensed data. Prepare multiple step income statement and a comprehensive income statement Operating expenses $ 725,000 Interest revenue $ 28,000 Cost of goods sold 1,289,000 Loss on disposal of plant assets 17,000 Interest expense 70,000 Sales 2,220,000 Sales R&A 16,000 Other comprehensive loss 8,300 Sales Discounts 4,000 Instructions a. Prepare a multiple-step income statement. b. Prepare a comprehensive income statement. c. Explain wat is teh Gross profit percentage wat is controlled by GP %? Wat is net profit margin or ROS? Wat does it mean 02 . 2 A B 1

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