The income statements of manufacturing companies are much less complex than those of service or merchandising companies.

Name: The income statements of manufacturing companies are much less complex than those of service or merchandising companies.
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Question

Quizplus · Accepted Answer

The income statements of manufacturing companies include additional sections such as cost of goods manufactured and cost of goods sold, which can make them more complex than those of service or merchandising companies.

The Income Statements of Manufacturing Companies Are Much Less Complex