sales.
11Multiple Choice Question 162
The order of presentation of nontypical items that may appear on the
income statement is
Other revenues and expenses, Extraordinary items, Discontinued
operations.
Extraordinary items, Discontinued operations, Other revenues and
expenses.
Discontinued operations, Extraordinary items, Other revenues and
expenses.
Other revenues and expenses, Discontinued operations, Extraordinary
items
12Multiple Choice Question 98
A measure of the percentage of each dollar of sales that results in net
income is
return on assets.
earnings per share.
profit margin.
return on common stockholders’ equity.
13Multiple Choice Question 159