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Rembrandt Paint Company had the following income statement items for the year ended December 3 1 , 2 0 1 6 ( $ in 0
Rembrandt Paint Company had the following income statement items for the year ended December $ in s:
Net sales $ Cost of goods sold $
Interest income Selling and administrative expenses
Interest expense Restructuring costs
In addition, during the year the company completed the disposal of its plastics business and incurred a loss from operations of $ million and a gain on disposal of the components assets of $ million. shares of common stock were outstanding throughout Income tax expense has not yet been recorded. The income tax rate is on all items of income loss
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