Pr4-18 Fall OB 2010(1)

Pr4-18 Fall OB 2010(1) - $ 2,557 $ 1,711 Interest and...

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4.18 (ABB; income statement relations.)  (Amounts in Millions) The missing items appear in boldface below: 2007 2006 2005 Sales of Products. .................................... $ 24,816 $ 19,503 $ 17,622 Sales of Services. ..................................... 4,367 3,778 3,342 Cost of Products Sold. .............................. (17,292) (13,967) (13,205) Cost of Services Sold. ..............................          (   2,923     )          (2,570     )          (2,305     ) Gross Profit. ............................................. $ 8,968 $ 6,744 $ 5,454 Selling and Administrative Expenses. ... (4,975) ( 4,326 ) (3,780) Other Operating Income (Expense). .......                30                   139                     37     Earnings before Interest and Taxes. ...... $ 4,023
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Unformatted text preview: $ 2,557 $ 1,711 Interest and Dividend Income. ............... 273 147 153 Interest and Other Financial Expense. . (286) ( 307 ) (407) Other Non-Operating Income (Expense). ............................................. 342 (321 ) (258 ) Income before Taxes. ............................... $ 4,352 $ 2,076 $ 1,199 Income Tax Expense. ............................... (595 ) ( 686 ) (464 ) Net Income . ............................................. $ 3,757 $ 1,390 $ 735...
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