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Which of the following multi-step income statement formulas is correct? Select one: a. Profit cost of goods sold = gross profit b. Profit +/- other

Which of the following multi-step income statement formulas is correct?

Select one:

a.

Profit cost of goods sold = gross profit

b.

Profit +/- other revenues and expenses = operating profit

c.

Profit +/- other revenues and expenses = gross profit

d.

Gross profit operating expenses = net sales

e.

Operating expenses cost of goods sold = gross profit

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