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  2. Topic
    Business
  3. Study Set
    Century 21 Accounting
  4. Exam
    Exam 16: Financial Statements and Closing Entries
  5. Question
    Operating Revenue Less Cost of Merchandise Sold Equals Net Income
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Operating Revenue Less Cost of Merchandise Sold Equals Net Income

Question 12

Question 12

True/False

Operating revenue less cost of merchandise sold equals net income.

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