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Required Prepare a multi-step income statement. Note: Do not use negative signs with your answers. Calculate the company's return on sales ratio. Round answer to

image text in transcribed Required Prepare a multi-step income statement. Note: Do not use negative signs with your answers. Calculate the company's return on sales ratio. Round answer to one decimal place. If Longo's return on sales was 20% in the prior year, is the company's profitability improving or declining

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