Zuality Steak Company uses a perpetual inventory system. The records of Farm Quality Steak Company list the following selected accounts for th lick the icon to view the accounts.) Farm Quality Steak Company uses a perpetual inventory system. The records of Farm Quality Steak Company list the foll Click the icon to view the accounts.) Read the requirements. Requirement 2. Prepare a multi-step income statement. Begin by completing the statement through the gross profit, then calculate operating income in the second step and net income in the final step. (Ente Expenses. Use a minus sign or parentheses to show other expenses. Abbreviation used: Eq. = Equipment.) Farm Quality Steak Company uses a perpetual inventory system. The records of Farm Quality Steak Company list the following selected accounts for th Click the icon to view the accounts.) Read the reguirements. Requirement 3. M. Doherty, manager of the compary, strives to eam a gross proft percentage of at least 50%. Did Farm Quality achieve this goal? Show y Compute the gross proft percentage of Farm Quality. (Round the gross profit percentage to the nearest tenth of a percent, XXX\%.) = Gross profit % = Dia Fam Quality achieve this goal? Farm Quality achieve this goal