Question: ncome 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):
ncome 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:16,676,000
Tax rate:37.5%
Interest expense:
$6,029
Revenue:
$889,473
Depreciation:
$31,341
Selling, general, and administrative expense:
$77,528
Other income:
$1,134
Research and development:
$4,095
Cost of goods sold:
$750,741
Note:Enter all expenses as negative numbers.
(Round the earnings per share to the nearest cent. Also, use a minus sign for numbers to be subtracted.)
| Income Statement | ||
| Barron Pizza, Incorporated | ||
| Year Ending 2015 ($ in thousands, except earnings per share) | ||
|
| $ |
|
|
| $ |
|
| Gross profit | $ |
|
|
| $ |
|
|
| $ |
|
|
| $ |
|
| Operating income | $ |
|
|
| $ |
|
| EBIT | $ |
|
|
| $ |
|
| Income before tax | $ |
|
|
| $ |
|
| Net income | $ |
|
| Shares outstanding |
|
|
| Earnings per share | $ |
|
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