Question
Given the following facts, what was the total that was owed by customers for the purchase of products on credit (in millions)? Sales 82,059 Cost
Given the following facts, what was the total that was owed by customers for the purchase of products on credit (in millions)?
Sales | 82,059 |
| |
Cost of products sold | 27,556 | ||
Gross Profit | 54,503 | ||
Selling, marketing and administrative expenses | 22,178 | ||
Research and development expense | 12,245 | ||
Other expense | 2,486 | ||
Restructuring | 266 | ||
Operating Income before taxes | $ 17,328 |
| |
Income Tax Expense | 2,209 | ||
Net Income | 15,119 | ||
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Assets Current YR Prior YR
Total current assets | 45,274 | 46,033 |
|
Total assets | $ 157,728 | 152,954 |
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Accounts receivable less allowances $226 (prior, $248) | 14,481 | 14,098 |
|
Inventories | 9,020 | 8,599 |
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