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