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Exercise 5-9 (Part Level Submission) Suppose in its income statement for the year ended June...

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Accounting

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Exercise 5-9 (Part Level Submission) Suppose in its income statement for the year ended June 30, 2017, The Clorox Company reported the following condensed data (dollars in millions $ 120 439 Salaries and wages expenses Depreciation expense Sales revenue Interest expense Advertising expense Sales returns and allowances $ 410 Research and development expense 75 Income tax expense 5,775 Loss on disposal of plant assets 170 Cost of goods sold 470 Rent expense 230 Utilities expense 2,773 120 Assume a tax rate of 34%. (a) Prepare a multiple-step Income statement. (Round answers to o decimal places, e.g. 15,222.) THE CLOROX COMPANY co search 11111 . Help System Announcements THE CLOROX COMPANY Income Statement For the Year Ended June 30, 2017 (amounts in millions) Less o search Us Kimmel, Accounting, 6e Help 1 System Announcements ere to search 1 ollection. Onen Show Work Click if Vou would like to Show Work for thi to search OL * Now

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