Question
Gross profit $1,244,613 $1,201,902 $1,174,930 Less: Selling, general and administrative expenses $906,086 $848,323 $809,545 Income from operations $338,527 $353,579 $365,385 Interest income $1,879 $943 Interest
Gross profit | $1,244,613 | $1,201,902 | $1,174,930 |
---|---|---|---|
Less: Selling, general and administrative expenses | $906,086 | $848,323 | $809,545 |
Income from operations | $338,527 | $353,579 | $365,385 |
Interest income | $1,879 | $943 | Interest income on 1/31/2015 IncorrectIncorrectIncorrect SUBMIT Try again. This is calculated by subtracting Income from operations, Other expenses, and Other income from Income before taxes. Keep in mind that Other expenses is negative, so use addition in order to subtract a negative. |
Other income | $2,280 | $958 | $580 |
Other expenses | $(4,587) | Other expenses on 1/31/2016. IncorrectIncorrect SUBMIT Try again. This is calculated by subtracting Income before income taxes, from Income from operations, Interest income, and Other income. | $(4,834) |
Income before income taxes | $338,099 | $350,031 | $363,450 |
Income tax expense | Income tax expense on 1/31/2017 Incorrect SUBMIT Try again. This is calculated by subtracting Net income from Income before income taxes. | $125,542 | $131,022 |
Net income | $218,120 | $224,489 | $232,428 |
Net income per common share: | |||
Basic | Net income per basic share on 1/31/2017. Incorrect SUBMIT Try again. This is calculated by dividing Net income by Weighted-average basic shares outstanding (and rounding to the nearest penny). | $1.79 | $1.70 |
Diluted | $1.86 | Net income per diluted share on 1/31/2016. Incorrect SUBMIT Try again. This is calculated by dividing Net income by Weighted-average diluted shares outstanding (and round to the nearest penny). | $1.68 |
Weighted-average common shares outstanding: | |||
Basic | 116,873,023 | 125,232,499 | 136,651,899 |
Diluted | 117,291,117 | 126,013,414 | 138,192,734 |
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