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Home > Business & Careers > Accounting   »   income statement

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Old Feb 26, 2008, 09:06 PM
byrd4life
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income statement
Why do companies prepare a multiple step income statement?

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Old Feb 27, 2008, 05:05 AM   #2  
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It distinguishes between operating and nonoperating activities and it also highlights intermediate components of income and shows subgroupings of expenses.
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