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Which of the following represents the components of the income statement for a merchandising business? a. Service Revenue - Cost of Goods Purchased = gross
Which of the following represents the components of the income statement for a merchandising business? a. Service Revenue - Cost of Goods Purchased = gross profit b. Sales Revenue - Cost of Goods Sold = gross profit c. Service Revenue - Operating Expenses = gross profit d. Sales Revenue - Cost of Goods Manufactured = gross profit
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