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Instructions Labels and Amount Descriptions Income Statement Instructions FedEx Corporation had the following revenue and expense account balances (in millions) for a recent year ending
Instructions Labels and Amount Descriptions Income Statement Instructions FedEx Corporation had the following revenue and expense account balances (in millions) for a recent year ending May 31: $3,095 3,374 2,622 Depreciation Expense Fuel Expense Maintenance and Repairs Expense Other Expense Provision for Income Taxes (Benefit) Purchased Transportation Rentals and Landing Fees Revenues Salaries and Employee Benefits 10,337 (219) 15,101 3,361 65,450 23.207 Instructions Labels and Amount Descriptions Why Income Statemer , structions Labels and Amount Descriptions x millions Labels Expenses For the Year Ended May 31 (in millions) May 31 (in millions) Revenues Amount Descriptions Net income Net loss Total expenses Income Statement
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