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Suppose the following information was taken from the 2017 financial statements of pharmaceutical giant Novak Corp. (All dollar amounts are in millions.) Retained earnings, January
Suppose the following information was taken from the 2017 financial statements of pharmaceutical giant Novak Corp. (All dollar amounts are in millions.) Retained earnings, January 1, 2017 Cost of goods sold Selling and administrative expenses Dividends Sales revenue Research and development expense Income tax expense $46,743.5 8,532.6 8,871.1 3.2014 39,224.6 5,218.1 3,155.2 After analyzing the data, prepare an income statement for the year ending December 31, 2017. (Enter amounts in millions upto 1 decimal place, eg. 45.5 million.) Novak Corp. Income Statement (in millions) After analyzing the data, prepare an income statement for the year ending December 31, 2017. (Enter amounts in millions upto 1 decimal place, eg. 45.5 million.) Novak Corp. Income Statement (in millions) After analyzing the data, prepare a retained earnings statement for the year ending December 31, 2017. (List Items that increase retained earings first. Enter amounts in millions upto 1 decimal place, eg. 45.5 million.) Novak Corp. Retained Earnings Statement (in millions) $ $
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