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CLANCY'S DOG BISCUIT CORPORATION Balance Sheet as of December 31,2021 and 2020 CLANCY'S DOG BISCUIT CORPORATION Incone Statenent for Years Ending Decenber 31, 2021 and
CLANCY'S DOG BISCUIT CORPORATION Balance Sheet as of December 31,2021 and 2020 CLANCY'S DOG BISCUIT CORPORATION Incone Statenent for Years Ending Decenber 31, 2021 and 2020 (in alllions of dollars) Net sales Less: Cost of goods sold Gross profits Less: 0ther operating expenses Earnings before interest, taxes, depreciation, 47 \$4. 41 and anortization (EBITDA) Less:Accunulateddepreciation(2018)Earningsbeforeinterestandtaxes(EB1T)33$42331$378 Less: Interest Earnings before taxes (EBT) Less: Taxes Net income Less:PreferredstockdividendsNetinconeavailabletoconnonstockholders56524452195238521551555256 Less: Common stock dividends Addition to retained earnings Per (conmon) share data: Earnings per share (EPS) Oividends per stare (OPS) anat theline nar charn (avere) CLANCY'S DOG BISCUIT CORPORATION Income Statement for Years Ending December 31,2021 and 2020 (in millions of dollars) \begin{tabular}{lrrrr} Net sales & 2021 & & 2020 \\ Less: Cost of goods sold & $892 & & $802 \\ Gross profits & & 389 & & 352 \\ Less: Other operating expenses & $503 & & $450 \\ Earnings before interest, taxes, depreciation, & & & & 41 \\ and amortization (EBITDA) & & & \\ Less: Accumulated depreciation (2018) & $456 & & $409 \\ Earnings before interest and taxes (EBIT) & & 33 & & 31 \\ \hline Less: Interest & $423 & & $378 \\ Earnings before taxes (EBT) & & 48 & & 42 \\ \hline Less: Taxes & $375 & & $336 \\ Net income & & 131 & & 111 \\ \hline \end{tabular} Statement of Cash Flows for Year Ending December 31, 2021
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