Question: CALCULATOR PRINTER VERSION BACK NEXT Exercise 1-06 al-a2 Suppose the following information was taken from the 2022 financial statements of pharmaceutical giant Merck and Co.



CALCULATOR PRINTER VERSION BACK NEXT Exercise 1-06 al-a2 Suppose the following information was taken from the 2022 financial statements of pharmaceutical giant Merck and Co. (All dollar amounts are in millions.) Retained earnings, January 1, 2022 Cost of goods sold Selling and administrative expenses Dividends Sales revenue Research and development expense Income tax expense $50,000.0 8,900.0 8,400.0 3,700.0 41,600.0 5,600.0 2,700.0 After analyzing the data, prepare an income statement for the year ending December 31, 2022. (Enter amounts in millions to 1 decimal place, e.g. 45.5 million.) Merck and Co. Income Statement (in millions) Next 942 PM 8/24/2020 CALCULATOR PRINTER Merck and Co. Income Statement (in millions) $ CALCULATOR PRINTER VERSION BACK SHOW LIST OF ACCOUNTS After analyzing the data, prepare a retained earnings statement for the year ending December 31, 2022. (List items that increase retained earnings first. Enter amounts in millions to 1 decimal place, e.g. 45.5 million.) Merck and Co. Retained Earnings Statement V (in millions) ady N CALCULA Alter analyzing uie wata, prepare a retamen earnings Statement Tone year ending Decem increase retained earnings first. Enter amounts in millions to 1 decimal place, e.g Merck and Co. Retained Earnings Statement (in millions) Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS
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