When an income statement does not show gross profit or operating income,it is called a consolidated statement.

Name: When an income statement does not show gross profit or operating income,it is called a consolidated statement.
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A consolidated statement is a financial statement that combines the financial statements of multiple companies into one. An income statement that does not show gross profit or operating income is simply a regular income statement that does not provide certain levels of detail.

When an Income Statement Does Not Show Gross Profit or Operating