Question: Gross profit does not appear on a single - step income statement. on a multiple - step income statement. on either a multiple - step

Gross profit does not appear
on a single-step income statement.
on a multiple-step income statement.
on either a multiple-step or single-step income statement.
to be relevant in analyzing the operation of a merchandising company.
Gross profit does not appear on a single-step income statement. on

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