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The information show below is in Millions of Dollars. Label your income statement and put the revenues and expenses in the proper order. Not all
The information show below is in Millions of Dollars. Label your income statement and put the
revenues and expenses in the proper order. Not all of the information is used on an income statement.
Sales $5,000
Common Stock Dividends Paid $700
Cost of Goods Sold $2,000
Administrative and Selling Expenses $1,500
Research and Development Expense $400
Income tax refund $600
Shares repurchased $870
Treasury bills purchased $10
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