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Which subtotals appear on a multi-step income statement but do not appear on a single-step income statement? a)net sales and cost of goods sold b)cost
Which subtotals appear on a multi-step income statement but do not appear on a single-step income statement? |
a)net sales and cost of goods sold |
b)cost of goods sold and net income |
c)gross profit and Income from operations |
d)operating expenses and net income
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