According to the Textbook, the Three Numbers That Receive the Most

question 11

Multiple Choice

According to the textbook, the three numbers that receive the most attention when evaluating an income statement are ________.

• A) depreciation, interest income, and income tax expense
• B) cost of sales, gross profit, and operating expenses
• C) net sales, cost of sales, and operating expenses
• D) gross profit, net sales, and income tax expense
• E) gross profit, other income, and net income

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