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What is one criticism of the multiple-step income statement? 01. It is more complex to prepare than a single-step statement. 2. Income from operations (or
What is one criticism of the multiple-step income statement? 01. It is more complex to prepare than a single-step statement. 2. Income from operations (or operating income) is not readily available for analysis, O 3. Gross profit is not available for analysis. O4. Income tax expense cannot be determined
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