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The List Below Contains Several Items That Appear on a Multiple-Step

Question 141

Multiple Choice

The list below contains several items that appear on a multiple-step income statement. 1. Other income and expense
2. Income before income taxes
3. Net Income
4. Operatingexpenses
5. Grossmargin
6. Net sales
7. Income from operations
-Select the choice that lists the items in the order they would appear on a multiple-step income statement.


A) 6,5,4,7,1,2,3
B) 7,6,1,4,2,3,5
C) 6,5,4,1,7,2,3
D) 6,7,4,1,2,3,5

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