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Some European companies do not report cost of goods sold as a separate expense item. What affect does this have on financial statement analysis? A.

Some European companies do not report cost of goods sold as a separate expense item. What affect does this have on financial statement analysis? A. It would not be possible to determine the company's total expenses. B. Any measure that relies on knowing gross profit cannot be calculated. C. Net income cannot be accurately calculated. D. There is inadequate aggregation of financial information

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