Use This Information to Answer the Following Question

question 49

Multiple Choice

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) $159,500.
• B) $152,000.
• C) $142,000.
• D) $172,000.

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Definitions:

Prescribing Medications

The act of a healthcare professional authorizing the use of specific medicines for patients, based on their medical conditions.

Lab Orders

Refers to the requisitions or requests made by healthcare providers for laboratory tests to be performed.

CD-RW

Compact Disc-ReWritable, a type of CD disc that allows users to write, erase, and rewrite data multiple times.

DVD+R

A recordable DVD format with a storage capacity of 4.7 GB, allowing users to write data to the disc once.