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Format of Income Statement
Often, direct-selling (catalog) expenses are included in the general and administrative (G&A) expenses. However, direct-selling expenses should be grouped both together and separately on your income statement as shown in our example of a typical income statement (see chart “Typical Catalog Income Statement” ). By grouping these expenses in this way, it’s much easier to manage this ratio.
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- Companies:
- Lett Direct Inc.
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