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Forecasting an Income Statement ADP reports the following income statement. AUTOMATIC DATA PROCESSING INC. Statement of Consolidated Earnings For Year Ended June 30, 2020, $
Forecasting an Income Statement ADP reports the following income statement. AUTOMATIC DATA PROCESSING INC. Statement of Consolidated Earnings For Year Ended June 30, 2020, \$ millions \begin{tabular}{|l|l|} \hline Total revenues \\ \hline Operating expenses \\ \hline Systems development and programming costs & \\ \hline Depreciation and amortization & \\ \hline Total cost of revenues \\ \hline Selling, general, and administrative expenses & \\ \hline Interest expense \\ \hline Total expenses & \\ \hline Other (income) expense, net \\ \hline Earnings before income taxes \\ \hline Provision for income taxes \\ \hline Net earnings \\ \hline \end{tabular}
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