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    Exam 5: Merchandising Operations and the Multiple-Step Income Statement
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    Multiple-Step Income Statements Show
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Multiple-Step Income Statements Show

Question 165

Question 165

Multiple Choice

Multiple-step income statements show


A) gross profit but not income from operations.
B) neither gross profit nor income from operations.
C) both income from operations and gross profit.
D) income from operations but not gross profit.

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