The following selected data are adapted from the November 30, 2014. and November 24. 2013, consolidated balance
Question:
The following selected data are adapted from the November 30, 2014. and November 24. 2013, consolidated balance sheets and income statements for the years then ended for Levi Strauss & Co. and Subsidiaries. All amounts arc reported in thousands.
Required:
Calculate the missing amounts for each year.
Transcribed Image Text:
2014 2013 $4,753,992 Net revenues Cost of goods sold Gross profit Seling, general, and administrative expenses Operating income Interest expense and other expenses, net Income before income taxes Income tax expense 2 2,331,219 2,350,472 2,348,440 159,997 140,894 153,854 Net income As at November 27 and 28, respectively: Total assets Total liabilities Total stockholders' equity $2,924,073 2,691,954 2,913,918 213,500 Includes $128,425 of net restructuring charges in 2014
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Includes 128425 of net restructuring charges so 2014 selling general and admini...View the full answer
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Related Book For
Accounting What the Numbers Mean
ISBN: 978-1259535314
11th edition
Authors: David Marshall, Wayne McManus, Daniel Viele
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