| 55. Which of the following statements is trueregarding the multiple-step income statement? A. The multiple-step income statement is used only by companies that sell products, not those that provide services. B. The multiple-step income statement is helpful in determining a company"s working capital C. The multiple-step income statement reports the same net income as the single-step income statement. D. The multiple-step income statement is required under generally accepted accounting principles. | |
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