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When an income statement explicitly shows gross profit as a subtotal, it most likely uses a: Multistep format. Common-size format. Single-step format.
- When an income statement explicitly shows gross profit as a subtotal, it most likely uses a:
- Multistep format.
- Common-size format.
- Single-step format.
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Accounting And Finance An Introduction
Authors: Eddie McLaney, Peter Atrill
10th Edition
1292312262, 978-1292312262
