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plz show answers in income statement format Save & Exit The adjusted trial balance of Pacific Scientific Corporation on December 31, 2018, the end of
plz show answers in income statement format
Save & Exit The adjusted trial balance of Pacific Scientific Corporation on December 31, 2018, the end of the company's fiscal year, contained the following income statement items ($ in millions): sales revenue, $2,155, cost of goods sold, $1,350, selling expenses, $170, general and administrative expenses, S160, interest expense, $35, and gain on sale of investments, $80. Income tax expense has not yet beern recorded. The income tax rate is 35%. Prepare a multiple-step income statement for 2018. Ignore EPS disclosures. (Amoun ts to be deducted should be indicated with a nus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) PACIFIC SCIENTIFIC CORPORATION Income Statement For the Year Ended December 31, 2018 Next > Prev 9 of 25Step by Step Solution
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