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The preliminary 2018 income statement of Alexian Systems Inc is presented below

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....................................................................................$ 425 Interest...........................................................................................3 Other income.................................................................................126 Total revenues and gains....................................................................554 Expenses: Cost of goods sold...........................................................................270 Selling and administrative..................................................................154 Income taxes....................................................................................52 Total expenses................................................................................476 Net Income..................................................................................$ 78 Earnings per share........................................................................$ 3.90 Additional Information: 1. Selling and administrative expenses include $26 million in restructuring costs. 2. Includ

Apr 10 2020 Read more Less More

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