When I add the information from the attached to here, why I am not getting the net incom $341. Please see attached partial income statementRevenue COGS Operating expenses (SG&A + Restructuring + Investment income + Interest expense) Income taxes Income (net earnings) ### Condensed Consolidated Financial Statements for the Three Months Ended April 30, 2022 **Revenue:**- $10,647**Cost of sales:**- $8,294**Gross profit:**- $2,353**Operating expenses:**- Selling, general and administrative expenses: $1,890- Restructuring charges: $1- Total operating expenses: $1,891**Operating income:**- $462**Other income (expense):**- Investment income (expense) and other: $(5)- Interest expense: $(6)- Total other income (expense): $(11)**Earnings before income tax expense and equity in income of affiliates:**- $451**Income tax expense:**- $110**Equity in income of affiliates:**- $0**Net earnings:**- $341**Earnings per share:**- Basic: $1.50- Diluted: $1.49**Weighted-average common shares outstanding:**- Basic: 226.8- Diluted: 228.4Please refer to the Notes to Condensed Consolidated Financial Statements for more details.

Income Statement: It is the statement of incomes and expenses of the business which tells the net…

hen I add the information from the attached to here, why I am not getting the net incom $341. Please see attached partial income statement Revenue COGS Operating expenses (SG&A + Restructuring + Investment income + Interest expense) Income taxes

hen I add the information from the attached to here, why I am not getting the net incom $341. Please see attached partial income statement Revenue COGS Operating expenses (SG&A + Restructuring + Investment income + Interest expense) Income taxes

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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When I add the information from the attached to here, why I am not getting the net incom $341. Please see attached partial income statement

Revenue
COGS
Operating expenses (SG&A + Restructuring + Investment income + Interest expense)
Income taxes
Income (net earnings)

### Condensed Consolidated Financial Statements for the Three Months Ended April 30, 2022

**Revenue:**
- $10,647

**Cost of sales:**
- $8,294

**Gross profit:**
- $2,353

**Operating expenses:**
- Selling, general and administrative expenses: $1,890
- Restructuring charges: $1
- Total operating expenses: $1,891

**Operating income:**
- $462

**Other income (expense):**
- Investment income (expense) and other: $(5)
- Interest expense: $(6)
- Total other income (expense): $(11)

**Earnings before income tax expense and equity in income of affiliates:**
- $451

**Income tax expense:**
- $110

**Equity in income of affiliates:**
- $0

**Net earnings:**
- $341

**Earnings per share:**
- Basic: $1.50
- Diluted: $1.49

**Weighted-average common shares outstanding:**
- Basic: 226.8
- Diluted: 228.4

Please refer to the Notes to Condensed Consolidated Financial Statements for more details.

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