Given the following information, prepare an income statement for Nike, Inc. for the year ending December 31,
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Question:
Given the following information, prepare an income statement for Nike, Inc. for the year ending December 31, 2024:
Revenue | $600,000,000 |
Cost of Goods Sold | $300,000,000 |
Operating Expenses | $260,000,000 |
Depreciation Expense | $55,000,000 |
Interest Expense | $50,000,000 |
Taxes | 28% of Net Income |
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