Given the Following Amounts from an Income Statement The Amount Shown on a Multiple-Step Format Income Statement for |

question 108

Multiple Choice

Given the following amounts from an income statement: $$\begin{array} { | l | l | } \hline \text { Sales (net of returns and allowances of } \$ 10 \text { ) } & \$ 690 \\\hline \text { Distribution expense } & 32 \\\hline \text { Cost of goods olds } & 264 \\\hline \text { Income tax on operations } & 56 \\\hline \text { Interest revenue } & 2 \\\hline \text { Loss trom Dis continued Operations, net of tax } & 10 \\\hline \text { Interest expense } & 8 \\\hline \text { General and administrative expenses } & 92 \\\hline \text { Loss of sale of investments } & 6 \\\hline\end{array}$$ The amount shown on a multiple-step format income statement for operating income from continuing operations would be:

• A) $232.
• B) $246.
• C) $290.
• D) $302.

---

Definitions:

Consent Form

A document that outlines the details of a procedure or treatment and is signed by a patient to indicate voluntary agreement to proceed.

Advocate

A person who supports or promotes the interests of another, often in a legal, political, or social context, ensuring rights are protected and voices are heard.

Research Study

A systematic investigation, including research development, testing, and evaluation, designed to develop or contribute to generalizable knowledge.

MORAL Model

A decision-making framework in healthcare that emphasizes Moral, Objective, Responsibility, Authority, and Loyalty to support ethical choices.