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Please answer question #10, showing all work accordingly. Thank you! Gross profit does not appear O to be relevant in analyzing the operation of a

Please answer question #10, showing all work accordingly. Thank you!

Gross profit does not appear O to be relevant in analyzing the operation of a merchandising company. O on the income statement if the periodic inventory system is used because it cannot be calculated. O on a service company income statement. O on a merchandising company income statement

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