MATCHING Using the following letters, classify each of the items below according to the section of the income statement in which they would be reported. a.Cost of goods sold b.Earnings per...

MATCHING

Using the following letters, classify each of the items below according to the section of the income statement in which they would be reported.

a.Cost of goods sold

b.Earnings per share

c.Operating income

d.Other revenues and expenses

e.Not reported on the income statement

f.Operating expenses

1.The excess of gross profit over operating expenses

2.The purchase price of merchandise sold during a period

3.Dividends

4.Interest expense

5.Net income divided by average common shares

6.Advertising expense