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Coca-Cola Company: Revenue: $37,266,000 Cost of Goods Sold (COGS): $15,000,000 Research and Development Expenses: $2,000,000 Selling, General, and Administrative Expenses (SG&A): $5,500,000 Interest Expense: $800,000

Coca-Cola Company:

  • Revenue: $37,266,000
  • Cost of Goods Sold (COGS): $15,000,000
  • Research and Development Expenses: $2,000,000
  • Selling, General, and Administrative Expenses (SG&A): $5,500,000
  • Interest Expense: $800,000
  • Other Income: $700,000
  • Income Tax Expense: $4,000,000

Prepare the profit and loss account and calculate the net income for Coca-Cola Company.

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