Homework Help is Here – Start Your Trial Now!
Business
Finance
is the income statement information from Apollo Medical Devices. Identify the co $thousands les before special charges wentory obsolescence charge of sales fit 2020 $4,163,770 Operating 1,382,235 27,876 1,410,111 2,753,659 +

is the income statement information from Apollo Medical Devices. Identify the co $thousands les before special charges wentory obsolescence charge of sales fit 2020 $4,163,770 Operating 1,382,235 27,876 1,410,111 2,753,659 +

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
See similar textbooks
icon
Related questions
Question

Finance

 

Identifying Operating Income Components Following is the income statement information from Apollo Medical Devices. Identify the components that we would consider operating. $ thousands Net sales Cost of sales before special charges Special inventory obsolescence charge Total cost of sales Gross profit Selling, general and administrative expense Research and development expense Merger and acquisition costs In-process research and development charges Litigation settlement Operating profit Interest expense Interest income Gain on disposal of fixed assets Impairment of marketable securities Other income (expense), net Earnings before income taxes Income tax expense Net earnings Check 2020 $4,163,770 Operating 1,382,235 27,876 1,410,111 2,753,659 1,570,667 531,086 46,914 12,244 16,500 576,248 (57,372) 2,076 Operating 4,929 (5,222) (2,857) 517,802 191,587 $326,215 4) ◆ ♦ 00 ♦ 4 O 000 ♦ ◆ ◆ 4 O O
Transcribed Image Text:Identifying Operating Income Components Following is the income statement information from Apollo Medical Devices. Identify the components that we would consider operating. $ thousands Net sales Cost of sales before special charges Special inventory obsolescence charge Total cost of sales Gross profit Selling, general and administrative expense Research and development expense Merger and acquisition costs In-process research and development charges Litigation settlement Operating profit Interest expense Interest income Gain on disposal of fixed assets Impairment of marketable securities Other income (expense), net Earnings before income taxes Income tax expense Net earnings Check 2020 $4,163,770 Operating 1,382,235 27,876 1,410,111 2,753,659 1,570,667 531,086 46,914 12,244 16,500 576,248 (57,372) 2,076 Operating 4,929 (5,222) (2,857) 517,802 191,587 $326,215 4) ◆ ♦ 00 ♦ 4 O 000 ♦ ◆ ◆ 4 O O
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS