Appendix A Financial Statement Information A-3 CONSOLIDATED STATEMENTS OF OPERAT

Question

Appendix A Financial Statement Information A-3 CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts) Years September 29, 2012 September 24, 2011 September 25, 2010 Net sales Cost of sales $156,508 87,846 $108,249 65,225 39,541 . .. 64,431 Gross margin . Operating expenses .. 68,66243,81825684 Research and development 2,429 3,381 10,040 13,421 55,241 522 55,763 14,030 $ 41,733 1,782 5,517 7,299 18,385 155 .. Selling, general and administrative 7,599 10,028 33,790 415 34,205 8,283 s 25,922 Operating income Other income (expense), net Income before provision for income taxes Provision for income taxes 18,540 4,527 $14,013 Net income Earnings per share: $ 44.64 $ 44.15 $ 28.05 $ 27.68 s 15.41 s 15.15 Basic Shares used in computing earnings per share: Basic . Diluted .. 934,818 945,355 924,258 936,645 909,461 924,712 $ 0.00 $ 2.65 Cash dividends declared per common share See accompanying Notes to Consolidated Financial Statements.

Explanation / Answer

Answer:

1. Name of the company's income statement is consolidated statement of operations.

2. Total net sales of the year 2012 is $156,508 million.

3. Cost of products sold in the year 2012 is $87,846 million.

4. Gross profit/margin of the year 2012 is $68,662 million.

5. Amount of selling, general, and administrative expense incurred during the fiscal year 2012 is $10,040 million.

6. Amount of net earnings/income for the current year is $41,733 million.

7. Amount of net earnings/income has increased from the previous year is ($41,733 - $25,922) $15,811 million.

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