Question
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
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: $16,731,000
Tax rate: 37.5%
Interest expense: $6,126
Revenue: $889,301
Depreciation: $31,382
Selling, general, and administrative expense: $77,503
Other income: $1,247
Research and development: $4,191
Cost of goods sold: $750,714
Note:Enter all expenses as negative numbers.
(Round the income statement accounts to the nearest thousand dollars and 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 (thousands of dollars) | ||
| $ |
|
| $ |
|
Gross profit | $ |
|
| $ |
|
| $ |
|
| $ |
|
Operating income | $ |
|
| $ |
|
EBIT | $ |
|
| $ |
|
Income before tax | $ |
|
| $ |
|
Net income | $ |
|
Shares outstanding |
|
|
Earnings per share | $ |
|
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