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P5-9 (Statlc) PreparIng a Multiple-Step Income Statement with Dlscontinued Operations LO5-3 Newell Rubbermaid Inc. manufactures and markets a broad array of office products, tools and
P5-9 (Statlc) PreparIng a Multiple-Step Income Statement with Dlscontinued Operations LO5-3 Newell Rubbermaid Inc. manufactures and markets a broad array of office products, tools and hardware, and home products under a variety of brand names, including Sharpie, Paper Mate, Rolodex, Rubbermaid, Levolor, and others. The items reported on its income statement for the year ended December 31, 2011, are presented here (dollars in thousands) in alphabetical order: Requlred: Using appropriate headings and subtotals, prepare a multiple-step consolidated income statement (showing gross profit, operating income, and any other subheadings you deem appropriate). (Enter your answers In thousands rounded to 1 declmal plece.)
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