Question: A multistep income statement is useful to financial statement users because it ( Select all that apply. ) separates cost of goods sold from other

A multistep income statement is useful to financial statement users because it
(Select all that apply.)
separates cost of goods sold from other operating expenses, which allows the calculation of gross profit
separates income statement items into meaningful components
provides the amount of resources available to use in the future
A multistep income statement is useful to financial statement users because

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