Question: The basic format of an income statement is ..... Select one: a. Income - Expenses = EBIT b. Sales - Expenses = Profits c. Assets

The basic format of an income statement is ..... Select one:

The basic format of an income statement is ..... Select one: a. Income - Expenses = EBIT b. Sales - Expenses = Profits c. Assets - Liabilities = Profits d. Sales - Liabilities = Profits

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