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Construct the PizzAmerica Inc. income statement for the year ending 2015, also showing Earnings per Share (EPS) with the following information: Interest expense: $6,114 Sales
Construct the PizzAmerica Inc. income statement for the year ending 2015, also showing Earnings per Share (EPS) with the following information: Interest expense: $6,114 Sales Revenue: $889,416 Depreciation: $31,354 Selling, general, and administrative expense: $77,572 Other income: $1,253 Shares outstanding: 16,740,000 Tax rate: 37.5% Research and development: $4,196 Cost of goods sold: $750,711
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