Submission) Suppose in its income statement for the year ended June 30, 2022, The Clorox Company reported the following condensed data (dollars in millions). Salaries and wages expenses Depreciation expense Sales revenue Interest expense Advertising expense Sales returns and allowances Assume a tax rate of 34%. $460 90 9,630 161 499 230 Research and development expense Income tax expense Loss on disposal of plant assets Cost of goods sold Rent expense Utilities expense a bitume statement. (Round answers to 0 decimal places, e.g. 15,222.) The Clorox Company Income Statement (amounts in millions) $114 1,076 46 4,700 105 60 $ 000

Submission) Suppose in its income statement for the year ended June 30, 2022, The Clorox Company reported the following condensed data (dollars in millions). Salaries and wages expenses Depreciation expense Sales revenue Interest expense Advertising expense Sales returns and allowances Assume a tax rate of 34%. $460 90 9,630 161 499 230 Research and development expense Income tax expense Loss on disposal of plant assets Cost of goods sold Rent expense Utilities expense a bitume statement. (Round answers to 0 decimal places, e.g. 15,222.) The Clorox Company Income Statement (amounts in millions) $114 1,076 46 4,700 105 60 $ 000

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 32BEB

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Submission)
Suppose in its income statement for the year ended June 30, 2022, The Clorox Company reported the following condensed data (dollars in millions).
Salaries and wages expenses
Depreciation expense
Sales revenue
Interest expense
Advertising expense
Sales returns and allowances
Assume a tax rate of 34%.
$460
90
9,630
161
499
230
Research and development expense
Income tax expense
Loss on disposal of plant assets
Cost of goods sold
Rent expense
Utilities expense
a bitume statement. (Round answers to 0 decimal places, e.g. 15,222.)
The Clorox Company
Income Statement
(amounts in millions)
$114
1,076
46
4,700
105
60
$
000

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