Which of the following is not a subtotal on the multi-step income statement?
A) interest expense
B) gross profit
C) operating income
D) income from continuing operations before tax

Name: Which of the following is not a subtotal on the multi-step income statement? A) interest expense B) gross profit C) operating income D) income from continuing operations before tax
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Question

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Interest expense is not a subtotal; it is an individual line item typically found below operating income on a multi-step income statement.

Which of the Following Is Not a Subtotal on the Multi-Step