Use This Information to Answer the Following Question

question 20

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)$75,750.
• B)$72,000.
• C)$67,000.
• D)$82,000.

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Definitions:

Attention

the act or state of applying the mind to something; the ability to closely and carefully listen, watch, or consider something or someone.

Automatic Processing

The performance of a task with little or no conscious thought, often as a result of repeated practice and learning.

Controlled Processing

A detailed level of mental processing that requires focused attention and effort, typically used when a task is difficult or unfamiliar.

Task Difficulty

Refers to the level of challenge presented by a task, assessing how hard or easy it is to complete.