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Italy was in a bad way after World War I for all of the following reasons EXCEPT
Merchandising Profit
The profit a company makes from buying goods at wholesale and selling them at retail.
Company
An entity engaged in commercial, industrial, or professional activities, either for profit or as a nonprofit organization.
Single-Step Income Statement
An income statement that shows only one step in determining net income.
Operating Revenues
Income generated from the core business activities of a company, excluding any revenue from investments or secondary operations.
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