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LALLULATUR PRINTER VERS Exercise 1-06 al-a2 (Part Level Submission) Suppose the following information was taken from the 2022 financial statements of pharmaceutical giant Merck and
LALLULATUR PRINTER VERS Exercise 1-06 al-a2 (Part Level Submission) Suppose the following information was taken from the 2022 financial statements of pharmaceutical giant Merck and Co. (All dollar amounts are in millions.) Retained earnings, January 1, 2022 Cost of goods sold Selling and administrative expenses Dividends Sales revenue Research and development expense Income tax expense $49,600.0 9,300.0 8,200.0 3,400.0 44,000.0 6,300.0 2,700.0 (a 2) After analyzing the data, prepare a retained earnings statement for the year ending December 31, 2022. (List Items that increase retained earnings first. Enter amounts in millions to I decimal place, e.g. 45.5 million.) Merck and Co. Retained Earnings Statement (in millions) Click if you would like to Show Work for this question: Open Show Work
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