Question
c-14 q2 Income statement.Construct the Barron Pizza, Inc. income statement for the year ending 2015 with the following information (the dollar amounts are in thousands
c-14 q2
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:16,630,000
Tax rate:37.5%
Interest expense:$6,078
Revenue:$889,406
Depreciation:$31,240
Selling, general, and administrative expense:$77,563
Other income:$1,126
Research and development:$4,036
Cost of goods sold:$750,666
Note:Enter all expenses as negative numbers.
Question content area bottom
Part 1
(Round the earnings per share to the nearest cent. Also, use a minus sign for numbers to be subtracted.)
Income Statement | ||
Barron Pizza, Incorporated | ||
Year Ending 2015 ($ in thousands, except earnings per share) | ||
| $ |
|
| $ |
|
Gross profit | $ |
|
| $ |
|
| $ |
|
| $ |
|
Operating income | $ |
|
| $ |
|
EBIT | $ |
|
| $ |
|
Income before tax | $ |
|
| $ |
|
Net income | $ |
|
Shares outstanding |
|
|
Earnings per share | $ |
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started