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Is this a single or multi-step format income statement? why? Income Statement [Abstract] Revenues Cost of sales Gross profit Demand creation expense Operating overhead expense

image text in transcribedIs this a single or multi-step format income statement? why?

Income Statement [Abstract] Revenues Cost of sales Gross profit Demand creation expense Operating overhead expense Total selling and administrative expense Interest expense (income), net Other (income) expense, net Income before income taxes Income tax expense NET INCOME

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