Question: Why do merchandising companies use a multiple - step income statement? To present the information in a concise and easy to understand format. To account

Why do merchandising companies use a multiple-step income statement?
To present the information in a concise and easy to understand format.
To account for other gains and losses.
To calculate a more accurate bottom lin.
To show greater detail in relation to operating activities.
Why do merchandising companies use a multiple -

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