Question: Please help. d. gross profit exceeds operating expenses. 28. Indicate which one of the following would appear on the income statement of both a merchandising

Please help. Please help. d. gross profit exceeds operating expenses. 28. Indicate which

d. gross profit exceeds operating expenses. 28. Indicate which one of the following would appear on the income statement of both a merchandising company and a service company a. Gross profit b. Operating expenses c. Sales revenues d. Cost of goods sold

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