Question

The following alphabetical list of accounts was adopted from a recent PepsiCo annual report. Use these accounts to create Pepsi’s income statement.
Amortization of intangible assets ......... 147
Cost of sales ............... 13,406
Discontinued operations, net of tax* ....... 38
Interest expense ............... 167
Interest income ............... 74
Net revenue .............. 29,261
Other income ............... 380
Other operating expenses ........... 150
Provision for income taxes .......... 1,372
Selling, general, and administrative expenses . 10,299


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  • CreatedMarch 25, 2015
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