Use the following information to complete the income statement for Company A for the year ending...
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Use the following information to complete the income statement for Company A for the year ending December 31, 201X Income Statement Information Revenue Gross Margin Selling General and Administrative Research and Development (R&D) Depreciation expense (D&A) Interest Expense Interest Income Tax Rate Securities Information Weighted Average Shares (12/31/1X) A Warrants exercisable @ $2.25 B Warrants exercisable @ $3.00 Stock Price (12/31/1X) Complete the following Income Answers go in the yellow boxes Revenue Cost of Goods Sold Gross Profit Operating Expenses SG&A R&D D&A Operating Expenses Total Operating Income Interest Expense, net Pre Tax Income Tax Net Income EPS Basic EPS Diluted SHOW YOUR WORK $ 120,000,000 54.0% 23.0% of revenue 15.0% of revenue $ 5,000,000 $ 4,000,000 $ 2,500,000 21% 10,000,000 2,500,000 3,000,000 $ 4.00 $ 120,000,000 Points 11 1 5 10 Do Not enter anything in this column $ 120,000,000 For losses, only Basic Shares are used in calculating Diluted EPS Use the following information to complete the income statement for Company A for the year ending December 31, 201X Income Statement Information Revenue Gross Margin Selling General and Administrative Research and Development (R&D) Depreciation expense (D&A) Interest Expense Interest Income Tax Rate Securities Information Weighted Average Shares (12/31/1X) A Warrants exercisable @ $2.25 B Warrants exercisable @ $3.00 Stock Price (12/31/1X) Complete the following Income Answers go in the yellow boxes Revenue Cost of Goods Sold Gross Profit Operating Expenses SG&A R&D D&A Operating Expenses Total Operating Income Interest Expense, net Pre Tax Income Tax Net Income EPS Basic EPS Diluted SHOW YOUR WORK $ 120,000,000 54.0% 23.0% of revenue 15.0% of revenue $ 5,000,000 $ 4,000,000 $ 2,500,000 21% 10,000,000 2,500,000 3,000,000 $ 4.00 $ 120,000,000 Points 11 1 5 10 Do Not enter anything in this column $ 120,000,000 For losses, only Basic Shares are used in calculating Diluted EPS
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Related Book For
Advanced Financial Accounting
ISBN: 978-0137030385
6th edition
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
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