Use the accounts below for Stanley Black and Decker to prepare an income statement for the...

 

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Use the accounts below for Stanley Black and Decker to prepare an income statement for the year ended December 31, 2015. ($ millions) Sales revenue 250,000 Nonoperating Income 3,000 Cost of goods sold expense 120,000 Rent and Utilities expense 40,000 Salary expense 50,000 Income tax expense 15,000 Net earnings from discontinued operations 12,000 Use the accounts below for Stanley Black and Decker to prepare an income statement for the year ended December 31, 2015. ($ millions) Sales revenue 250,000 Nonoperating Income 3,000 Cost of goods sold expense 120,000 Rent and Utilities expense 40,000 Salary expense 50,000 Income tax expense 15,000 Net earnings from discontinued operations 12,000

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Regener Stanley Black and Deckers income statement for the year ended December 31 2015 is as follows ... View the full answer