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The major components of the income statement are as follows: 1- Revenues, 2- operating income, 3- Earnings per share, 4- Results from discontinued operations, 5-
The major components of the income statement are as follows:
1- Revenues, 2- operating income, 3- Earnings per share, 4- Results from discontinued operations, 5- Income from continuing operations, 6- Income tax, 7- COGS.
In what sequence (order) do they normally appear on the income statement?
Select one:
a. 1-5-7-2-6-4-3
b. 1-7-5-6-2-4-3
c. 2-7-1-3-4-5-6
d. 1-7- 2-6-5-4-3
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