42 ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA Consolidated Statements of Earnings Year Ended Year Ended Year Ended ($000, except per share data) January 28, 2023 January 29, 2022 January 30, 2021 Sales $ 18,695,829 $ 18,916,244 $ 12,531,565 Costs and Expenses Cost of goods sold 13,946,230 13,708,907 9,838,574 Selling, general and administrative 2,759,268 2,874,469 2,503,281 Interest expense, net 2,842 74,328 83,413 Total costs and expenses 16,708,340 16,657,704 12,425,268 Earnings before taxes 1,987,489 2,258,540 106,297 Provision for taxes on earnings 475,448 535,951 20,915 Net earnings $ 1,512,041 $ 1,722,589 $ 85,382 Earnings per share Basic $ 4.40 $ 4.90 $ 0.24 Diluted $ 4.38 $ 4.87 $ 0.24 Weighted-average shares outstanding (000) Basic 343,452 351,496 352,392 Diluted 345,222 353,734 354,619 The accompanying notes are an integral part of these consolidated financial statements. Consolidated Statements of Comprehensive Income Year Ended Year Ended Year Ended ($000) January 28, 2023 January 29, 2022 January 30, 2021 Net earnings $ 1,512,041 $ 1,722,589 $ 85,382 Other comprehensive income (loss) Comprehensive income $ 1,512,041 $ 1,722,589 $ 85,382 case 9.3 a. Which method, single-step or multi-step, is used in the income statement? b. What are the captions of the intermediate profit amounts reported by your company that are not reported by Campbell Soup Company? c. Calculate the gross profit ratio for each of the years reported. Briefly evaluate the trend of these results. d. Is operating income increasing or decreasing for the years reported? e. Does the company report any discontinued operations? If so, what are the effects on net income and earnings per share