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What is the amount of Income from Operations that a company should report on its current year multiple-step income statement based on the following data?
What is the amount of Income from Operations that a company should report on its current year multiple-step income statement based on the following data? Cost of goods sold P 250,000 Net sales P 600,000 Income taxes expense P 50,000 Selling, general & administrative expenses P150,000 Interest expense P25,000 P125,000 P175,000 P200,000 P350,000
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