Which Is the CORRECT Order for Items to Appear on the Income

question 8

Multiple Choice

Which is the CORRECT order for items to appear on the income statement?

• A)sales revenue,operating expenses,gross profit,net income
• B)sales revenue,gross profit,net income,operating expenses
• C)sales revenue,gross profit,cost of goods sold,operating expenses
• D)sales revenue,cost of goods sold,gross profit,operating expenses

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Definitions:

Personal Information

Personal information is data related to an individual that can be used to identify, contact, or locate them, such as name, address, and social security number.

Potential Markets

Markets that a company could enter or serve in the future based on its current capabilities, resources, and business strategy.