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Suppose the following information was taken from the 2017 financial statements of pharmaceutical giant Nash's Trading Post, LLC (All dollar amounts are in millions.) Retained
Suppose the following information was taken from the 2017 financial statements of pharmaceutical giant Nash's Trading Post, LLC (All dollar amounts are in millions.)
Retained earnings, January 1, 2017 | $ 42,567.5 | |
Cost of goods sold | 8,532.6 | |
Selling and administrative expenses | 8,128.7 | |
Dividends | 3,015.8 | |
Sales revenue | 35,234.2 | |
Research and development expense | 5,125.3 | |
Income tax expense | 2,134.4 |
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