Answered>Order 8301
The preliminary 2018 income statement of Alexian Systems, Inc., is presented below: ALEXIAN SYSTEMS, INC. Income Statement For the Year Ended December 31, 2018 ($ in millions, except earnings per share)Revenues and gains: Net sales$426Interest 4Other income 127Total revenues and gains 557Expenses: Cost of goods sold 271Selling and administrative 151Income taxes 54Total expenses 476Net Income$81Earnings per share$5.40 Additional information: Selling and administrative expenses include […]