2. Selected financial data of Decatur Corporation and Clarkston Corporation for 2012 are presented below (in millions).
Decatur Corporation Clarkston Corporation
Income Statement Data for Year
Net sales
$65,357 $408,214
Cost of goods sold
45,583 304,657
Selling and administrative expenses
15,101 79,607
Interest expense
707 2,065
Other income (expense)
(94) (411)
Income tax expense
1,384 7,139
Net income
$ 2,488 $ 14,335
Balance Sheet Data (End of Year)
Current assets
$18,424 $ 48,331
Noncurrent assets
26,109 122,375
Total assets
$44,533 $170,706
Current liabilities
$11,327 $ 55,561
Long-term debt
17,859 44,089
Total stockholders