Which of the following items are listed as separate line items on an income statement in order to facilitate analysis and understanding? (select all that apply.) select one or more: a. a gain on sale of a major division of a company b. an increase in the sale price by more than 20% c. the effect on prior years of change in depreciation method d. a loss due to fire

Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.