Multiple Choice
In what order do the following items appear in a company's statement of financial performance?
1. Tax expense
2. Revenue
3. Gross profit
4. Operating profit
5. Cost of sales
A) 1, 2, 3, 5 & 4.
B) 2, 3, 5, 1 & 4.
C) 2, 5, 3, 1, & 4.
D) 2, 5, 3, 4 & 1.
Correct Answer:
Verified
Correct Answer:
Verified
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