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    Business
  3. Study Set
    Principles of Accounting
  4. Exam
    Exam 5: Financial Reporting and Analysis
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    Use This Information to Answer the Following Question
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Use This Information to Answer the Following Question

Question 32

Question 32

Multiple Choice

Use this information to answer the following question. Use this information to answer the following question.   If the income statement were prepared in a multistep form, gross margin from sales would be A)  $75,750. B)  $72,000. C)  $67,000. D)  $82,000. If the income statement were prepared in a multistep form, gross margin from sales would be


A) $75,750.
B) $72,000.
C) $67,000.
D) $82,000.

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