Question: need help with blank one. Current Attempt in Progress Suppose the following information was taken from the 2022 financial statements of pharmaceutical giant Merck and


Current Attempt in Progress Suppose the following information was taken from the 2022 financial statements of pharmaceutical giant Merck and Co. (All dollar amounts are in millions.) $42,100.0 Retained earnings, January 1, 2022 Cost of goods sold 8,700.0 Selling and administrative expenses 8,800.0 3,700.0 Dividends Sales revenue 40,700,0 Research and development expense 5,800.0 Income tax expense 2,900.0 (1) Your answer is correct After analyzing the data, prepare an income statement for the year ending December 31, 2022. (Enter amounts in millions to 1 decimal place, 63.45.5 million) Merck and Co. Income Statement Your answer is correct. 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 For the Year Ended December 31, 2022 (in millions) Revenues 40700 Sales Revenue Expenses 8700 Cost of Goods Sold 8800 Selling and Administrative Expenses 5800 Research and Development Expense 2900 Income Tax Expense 26200 Total Expenses $ 14500 Net Income /(Loss) (22) After analyzing the data, prepare a retained earnings statement for the year ending December 31, 2022 retained earnings first. Enter amounts in millions to 1 decimal place, eg. 45.5 million.) Merck and Co. Retained Earnings Statement (in millions) $ e Textbook and Media List of Accounts Sauna
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