Question: Construct the Barron Pizza Inc. income statement for the year ending 2011 with the following information: Shares outstanding: 16,740,000 Tax rate: 37.5% Interest expense: $6,114

Construct the Barron Pizza Inc. income statement for the year ending 2011 with the following information:

Shares outstanding: 16,740,000

Tax rate: 37.5%

Interest expense: $6,114

Revenue: $889,416

Depreciation: $31,354

Selling, general, and administrative expense: $77,572

Other income: $1,253

Research and development: $4,196

Cost of goods sold: $750,711


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