Income Statement Revenues Cost of sales Gross profit Selling, distribution, general, and administrative expenses Claims and litigation charges, net Goodwill impairment charges Restructuring, impairment, and related charges, net Total operating expenses Operating income (loss) Other income, net Equity earnings and charges from investment in Change Healthcare Joint Venture Loss on debt extinguishment Interest expense Income (loss) from continuing operations before income taxes Income tax benefit (expense) Income (loss) from continuing operations Loss from discontinued operations, net of tax Net income (loss) Net income attributable to noncontrolling interests Net income (loss) attributable to McKesson Corporation Continuing operations (in dollars per share) Discontinued operations (in dollars per share) Total (in dollars per share) Fields Using Formulas 12 Months Ended Mar. 31, 2022 Mar. 31, 2021 Mar. 31, 2020 $263,966 ($250,836) 13,130 -10,537 -274 0 -281 -11,092 2,038 259 $0 (191) (178) 1,928 (636) 1,292 (5) 1,287 (173) $ 1,114 $7.26 (0.03) 7.23 $238,228 ($226,080) 12,148 -8,849 -7936 -69 -334 -17,188 -5,040 223 0 (217) (5,034) 695 (4,339) (1) (4,340) (199) $ (4,539) $ (28.26) 0 (28.26) ✓ $231,051 ($219,028) 12,023 -9182 -82 -2 -268 -9,534 2,489 12 -1,108 0 (249) 1,144 (18) 1,126 (6) 1,120 (220) $ 900 $4.99 (0.04) 4.95
Income Statement Revenues Cost of sales Gross profit Selling, distribution, general, and administrative expenses Claims and litigation charges, net Goodwill impairment charges Restructuring, impairment, and related charges, net Total operating expenses Operating income (loss) Other income, net Equity earnings and charges from investment in Change Healthcare Joint Venture Loss on debt extinguishment Interest expense Income (loss) from continuing operations before income taxes Income tax benefit (expense) Income (loss) from continuing operations Loss from discontinued operations, net of tax Net income (loss) Net income attributable to noncontrolling interests Net income (loss) attributable to McKesson Corporation Continuing operations (in dollars per share) Discontinued operations (in dollars per share) Total (in dollars per share) Fields Using Formulas 12 Months Ended Mar. 31, 2022 Mar. 31, 2021 Mar. 31, 2020 $263,966 ($250,836) 13,130 -10,537 -274 0 -281 -11,092 2,038 259 $0 (191) (178) 1,928 (636) 1,292 (5) 1,287 (173) $ 1,114 $7.26 (0.03) 7.23 $238,228 ($226,080) 12,148 -8,849 -7936 -69 -334 -17,188 -5,040 223 0 (217) (5,034) 695 (4,339) (1) (4,340) (199) $ (4,539) $ (28.26) 0 (28.26) ✓ $231,051 ($219,028) 12,023 -9182 -82 -2 -268 -9,534 2,489 12 -1,108 0 (249) 1,144 (18) 1,126 (6) 1,120 (220) $ 900 $4.99 (0.04) 4.95
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter6: Accounting Quality
Section: Chapter Questions
Problem 2IC
Related questions
Question
review the picture below and correct any lines that involve formulas and add any lines that arent highlighted that need formulas by adding forumlas where they are needed
Transcribed Image Text:Income Statement
Revenues
Cost of sales
Gross profit
Selling, distribution, general, and administrative expenses
Claims and litigation charges, net
Goodwill impairment charges
Restructuring, impairment, and related charges, net
Total operating expenses
Operating income (loss)
Other income, net
Equity earnings and charges from investment in Change Healthcare
Joint Venture
Loss on debt extinguishment
Interest expense
Income (loss) from continuing operations before income taxes
Income tax benefit (expense)
Income (loss) from continuing operations
Loss from discontinued operations, net of tax
Net income (loss)
Net income attributable to noncontrolling interests
Net income (loss) attributable to McKesson Corporation
Continuing operations (in dollars per share)
Discontinued operations (in dollars per share)
Total (in dollars per share)
Fields Using Formulas
12 Months Ended
Mar. 31, 2022 Mar. 31, 2021 Mar. 31, 2020
$263,966
($250,836)
13,130
-10,537
-274
0
-281
-11,092
2,038
259
$0
(191)
(178)
1,928
(636)
1,292
(5)
1,287
✓
(173)
$ 1,114
$7.26
(0.03)
7.23
$238,228
($226,080)
12,148
-8,849
-7936
-69
-334
-17,188
-5,040
223
0
0
(217)
(5,034)
695
(4,339)
(1)
(4,340)
(199)
$ (4,539)
$ (28.26)
0
(28.26)
$231,051
($219,028)
12,023
-9182
-82
-2
-268
-9,534
2,489
12
-1,108
0
(249)
1,144
(18)
1,126
(6)
1,120
(220)
$ 900
$4.99
(0.04)
4.95
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