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Salesware.com, Incorporated, is a leading provider of enterprise software, delivered through the cloud, with a focus on customer relationship management, or CRM . The Company
Salesware.com, Incorporated, is a leading provider of enterprise software, delivered through the cloud, with a focus on customer
relationship management, or CRM The Company helps its customers to connect with their customers through cloud, mobile, social,
blockchain, voice, advanced analytics, and artificial intelligence Al technologies. Presented below are the items adapted from its
recent income statement for the year ended January in millions, except per share amounts Net earnings per share was $ and
the weightedaverage shares used in the computation were million.
Required:
Recognizing that Salesware has two sources of operating revenues, prepare a classified multiplestep income statement.
Which source of operating revenues produces the higher gross profit?
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Recognizing that Salesware has two sources of operating revenues, prepare a classified multiplestep income statement.
Note: Enter your answers in millions ie should be entered as
SALESWARE.COM, INCORPORATED
Consolidated Statement of Income
In millions, except per share amounts
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