Question: Income statement Construct the Barron Pizza, Inc. income statement for the year ending 2015 with the following information (the dollar amounts are in thousands of

Income statement Construct the Barron Pizza, Inc. income statement for the year ending 2015 with the following information (the dollar amounts are in thousands of dollars): Shares outstanding: 16,625,000 Tax rate: 37.5% Interest expense: $6,020 Revenue: $889,426 Depreciation: $31,293 Selling, general, and administrative expense: $77,468 Other income: $1,272 Research and development: $4,014 Cost of goods sold: $750,794 Note: Enter all expenses as negative numbers. (Round the earnings per share to the nearest cent. Also, use a minus sign for numbers to be subtracted.) Income Statement Barron Pizza, Incorporated Year Ending 2015 ($ in thousands, except earnings per share) Revenue $ || Cost of goods sold $ Gross profit S Selling, general, and administrative expenses $ Research and development Depreciation S Operating income | Other income $ EBIT $ Interest expense S $ Income before tax Taxes S Net Income $ Shares outstanding Earnings per share Choose from any list or enter any number in the input fields and then click Check
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
