Suppose in its income statement for the year ended June 30, 2022, The Clorox Company reported the following condensed data (dollars in millions).

Salaries and wages expenses $ 460
Research and development expense $ 114
Depreciation expense 90
Income tax expense 736
Sales revenue 7,630
Loss on disposal of plant assets 46
Interest expense 161
Cost of goods sold 3,700
Advertising expense 499
Rent expense 105
Sales returns and allowances 230
Utilities expense 60

Assume a tax rate of 34%.
Required:
Prepare a multiple-step income statement. (Round answers to 0 decimal places, e. g. 15,222.)

What would be the input, conversion and output of developing a new soft drink

Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.

jackie's snacks sells fudge, caramels, and popcorn. it sold 12,000 units last year. popcorn outsold fudge by a margin of 2 to 1. sales of caramels were the same as sales of popcorn. fixed costs for jackie's snacks are $14,000. additional information follows: product unit sales prices unit variable cost fudge $5.00 $4.00 caramels $8.00 $5.00 popcorn $6.00 $4.50 the breakeven sales volume in units for jackie's snacks is