For each line item of an income statement, indicate the appr…
For each line item of an income statement, indicate the appropriate placement on a properly formatted income statement as indicated by the capital letters indicated here (e.g., an item between sales revenue and gross profit would be coded “A”, an item that is reported between Gross Profit and Operating Inocme would be reported “B”):Sales RevenueA Gross ProfitB Operating IncomeC Income from Continuing Operations Before TaxD Income from Continuing OperationsE Net Income