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CVP income statement is arranged to show variable expenses, contribution margin and fixed expenses allowing a business to make cost volume profit decisions. CVP income statement is arranged to show variable expenses, contribution margin and fixed expenses allowing a business to make cost volume profit decisions.
The income statement is the report that measures the ____of company _____ for a given _____ of time. The income statement is the report that measures the success of company operations for a given period of time. (It is also often called the statement of income or statement of earnings.