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Use this information to answer the following question. Use this information to answer the following question.   If the income statement were prepared in a multistep form,excess of other expenses over other revenues would be A) $12,750. B) $6,500. C) $19,000. D) $6,250. If the income statement were prepared in a multistep form,excess of other expenses over other revenues would be


Definitions:

Percentile

A statistical measure indicating the value below which a given percentage of observations in a group falls.

Standard Normal Curve

A symmetrical bell-shaped curve representing the distribution of a variable that has been standardized; it has a mean of 0 and a standard deviation of 1.

Area

A measure of the extent of a two-dimensional figure or shape in a plane, often measured in square units.

Z-score

A numerical indicator that shows how a specific value compares to the average of a set of values by measuring the number of standard deviations it is from the mean.

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