which formula properlyb produces the strings "Income statement"?
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Answered by
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Answer:
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Explanation:
At a high level, the income statement formula can be as simple as: NET INCOME = REVENUE – EXPENSES.
To put this into formulaic terms, let's look at it this way:
1. Gross Profit = Revenue – Cost of Goods Sold.
2. Operating Income = Gross Profit – Operating Expenses.
3. Net Income = Operating Income + Non-Operating Items.
Answered by
0
Answer:
The answer that the first person has given is correct. You can write from him.
Explanation:
I hope you will understand
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