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The Following Are the Income Statements of the Hancock Company

Question 59

Multiple Choice

The following are the income statements of the Hancock Company for two consecutive years.Increases in which expenses contributed to the net loss in 2016? The following are the income statements of the Hancock Company for two consecutive years.Increases in which expenses contributed to the net loss in 2016? A) Cost of goods sold and selling expenses B) Selling expenses and administrative expenses C) Cost of goods sold and administrative expenses D) Administrative expenses


A) Cost of goods sold and selling expenses
B) Selling expenses and administrative expenses
C) Cost of goods sold and administrative expenses
D) Administrative expenses

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