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Where does all the information on the right fall in the categories on the Left? Student Name: $ REMBRANT PAINT COMPANY Income Statement For the
Where does all the information on the right fall in the categories on the Left?
Student Name: $ REMBRANT PAINT COMPANY Income Statement For the year ended December 31, 2021 ($ in thousands, except per share amounts) Sales Revenue Cost of goods sold Gross profit Operating expense Advertising expense $ Salaries expense Depreciation expense Restructuring cost REMBRANDT PAINT COMPANY Income statement items, year ended 12/31/2021 ($ in thousands): Sales revenue Interest revenue Interest expense Cost of goods sold Advertising expense Salaries expense Depreciation expense Dividend income Restructuring costs Loss on selling equipment Loss from operations on plastics business Gain on disposal of the assets of plastics business Shares of common stock outstanding in 2021 Income tax rate 18000 100 300 10500 700 1200 600 200 800 200 1700 2700 500000 0.25 Operating Income Other income (expense) Interest revenue Loss (Gain) on selling equipment Income (Loss) from discontinued operations Income before income taxes Income tax expense Net Income Earnings per share $ Net income $Step by Step Solution
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