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Suppose in its income statement for the year ended June 30, 2022, The Clorox Company reported the following condensed data (dollars in millions). $ 460
Suppose in its income statement for the year ended June 30, 2022, The Clorox Company reported the following condensed data (dollars in millions). $ 460 90 $ 114 498 Salaries and wages expenses Depreciation expense Sales revenue Interest expense Advertising expense Sales returns and allowances 6,230 161 499 230 Research and development expense Income tax expense Loss on disposal of plant assets Cost of goods sold Rent expense Utilities expense 46 3.000 105 60 Assume a tax rate of 34%. The Clorox Company Income Statement (amounts in millions) $ $ $
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