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Business, 08.01.2020 22:31 allieb12334

Lo 2.1which of the following represents the components of the income statement for a merchandising business?

sales revenue – cost of goods sold = gross profit
service revenue – operating expenses = gross profit
sales revenue – cost of goods manufactured = gross profit
service revenue – cost of goods purchased = gross profit

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Lo 2.1which of the following represents the components of the income statement for a merchandising b...
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