A merchandising company's multi-step income statement differs from that of a service company in what way? a.
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A merchandising company's multi-step income statement differs from that of a service company in what way?
a. There is no difference.
b. A service company does not include a line for cost of goods sold.
c. A service company has a line for selling expenses whereas a merchandising company does not.
d. A merchandising company will have a line for income from operations whereas a service company will not.
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